https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
Microsoft PowerPoint - AVNT Nov 2022 Earnings Presentation
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
D E C E M B E R 2 0 2 2
AVI ENT: WHO WE A RE
40
23
9
36
• U.S. and Canada
• Latin America
• Europe, Middle East & Africa
• Asia
25,000+
CUSTOMERS
Headquartered in Avon Lake, OH
(Cleveland)
9,300+ employees
100+ manufacturing plants
Key Financial Data
2022PF Sales $3.6 billion
2022PF EBITDA $585 million
2022PF EPS $2.95
100%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
2
Guidance as of November 2, 2022 Webcast
W H O W E A R E – V I S I O N , S T R AT E G Y, C U LT U R E
3
Avient Corporation (NYSE: AVNT) provides
specialized and sustainable material solutions that
transform customer challenges into opportunities,
bringing new products to life for a better world.
W H AT W E D O : M AT E R I A L S C I E N C E
4
CUSTOM
FORMULATION
SUSTA INAB ILITY F OR A BETTER TOMOR ROW
Revenue From Sustainable Solutions* 2016-2021
$310
205
140
80
75
45
40
20
$915M2021 Sales
($ in millions)
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
5
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
EBITDA Margins
(1)
• Focus on organic growth
combined with transformative
and bolt-on acquisitions
• Divested commodity businesses
tied to more cyclical end markets
• Expanded presence in high
growth areas of sustainable
solutions, specialty healthcare
applications, composites and
more resilient end markets
5.4%
11.5%
16.1%
2006 2018 2022PF
$142
$408
$585
2006 2018 2022PF
2006 figures exclude joint venture results
19
RETURNING CASH TO SHAREHOLDERS
Growing Dividend
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
1.0
11 12 13 14 15 16 17 18 19 20 21 22
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
0.99
11 12 13 14 15 16 17 18 19 20 21 22 23
~$1Bn
REPURCHASED
OVER LAST 11 YEARS
~$550MM
PAID OVER LAST 11 YEARS
Dividends Share Repurchases
Cumulative Buybacks
$
B
n
$
p
e
r
sh
a
re
$2.95
2022 PRO FORMA
ADJUSTED EPS
Earnings Growth
Expanding Profitability
$0.15
$1.09
$2.08
$2.67
$2.95
2009 2012 2015 2018 2022PF
T H I R D Q U A R T E R 2 0 2 2
R E S U L T S
$110
$119
2021 2022
$0.61
$0.59
2021 2022
Q3 2022 PERFORMANCE
( T O TA L C O M PA N Y C O N T.
https://www.avient.com/resources/safety-data-sheets?page=1764
PP BLUE CASE
201UGNSPL PANTONE(R) 201 U SIMULATION
190UGNSPL PANTONE(R) 190 U SIMULATION
https://www.avient.com/resources/safety-data-sheets?page=1762
343UGNSPL PANTONE(R) 343 U SIMULATION
158UGNSPL PANTONE(R) 158 U SIMULATION
302699LFD LT BLUE
https://www.avient.com/resources/safety-data-sheets?page=4645
422UPFXABCI EPIC PANTONE(R) 422 U HO SIM
424UPFXABCI EPIC PANTONE(R) 424 U HO SIM
STAN-TONE MB-103363 BLUE
https://www.avient.com/resources/safety-data-sheets?page=4354
X SE 169535#SR-14021 Blue
EPIC PFXABCI PANTONE(R) YELLOW U HO SIM
EPIC PFXABCI PANTONE(R) ORANGE 021 U HO
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
Accelerator Dispersions
DPG Aquamix 165 50 1, 3 Diphenylguanidine
DPTT (DPTH) Aquamix 122 50 Dipentamethylenethiuram Hexasulfide
MBT Aquamix 305 50 2-mercaptobenzothiazole
MBTS Aquamix 111 50 Benzothiazyldisulfide
TETD Aquamix 181 50 Tetraethylthiuram Disulfide
TMTD Aquamix 121 55 Tetramethylthiuram Disulfide
TMTM Aquamix 179 50 Tetramethylthiuram Monosulfide
ZBEC Aquamix 167 40 Zinc Dibenzyldithiocarbamate
ZDBC Aquamix 129 50 Zinc Dibutyldithiocarbamate
ZDEC Aquamix 130 50 Zinc Diethyldithiocarbamate
ZDMC Aquamix 131 50 Zinc Dimethyldithiocarbamate
ZMBT Aquamix 128 50 Zinc 2-mercaptobenzothiazole
A
q
u
am
ix ™
D
isper
sio
n
s
&
Em
u
lsio
n
s
Fact S
h
eet
Chemical Name / Comments
AMERICAS
PolyOne Corporation
Polymer Coating Systems
1675 Navarre Rd.
Filler Dispersions
Calcium Carbonate Aquamix 320 70 Near white fi ller for natural and synthetic polymers.
Filler Dispersions
Calcium Carbonate Aquamix 320 70 Near white fi ller for natural and synthetic polymers.
https://www.avient.com/resources/safety-data-sheets?page=2468
BLUE LUSTER PETG
PP-H-30G BLACK
PP-H-20G BLACK
https://www.avient.com/idea/strength-low-weight-and-greater-flexibility
They found just that in Bergamid™
And the material costs for Bergamid resin are lower than those of bent steel plate.
Using Bergamid material from Avient, HellermannTyton has been able to distinguish itself in the automotive fastening solutions marketplace.
https://www.avient.com/resources/safety-data-sheets?page=2443
116UGNS PANTONE(R) 116 U SIMULATION
DB1541D MED BLUE PMS 300
466UGNS PANTONE(R) 466 U SIMULATION
https://www.avient.com/resources/safety-data-sheets?page=1993
540UGNSPL PANTONE(R) 540 U SIMULATION
471UGNSPL PANTONE(R) 471 U SIMULATION
THERMOCOLOR BLUE