https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.pdf
The above list of factors is not exhaustive.
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
The non-GAAP financial measures
include: adjusted EPS, earnings before interest, tax, depreciation and amortization
(EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty
platform gross margin percentage, adjusted operating income, return on invested
capital, net debt/ EBITDA, and the exclusion of corporate charges in certain
calculations.
Net debt to adjusted EBITDA is calculated as follows:
Three Months
Twelve Months
Three Months
Trailing Twelve
Months (TTM)
(In millions) March 31, 2014 December 31, 2014 March 31, 2015 March 31, 2015
Short-term portion and current portion of
long-term debt $ 12.8 $ 61.8 $ 61.9
Long-term debt 968.1 962.0 1,049.2
Less: Cash and cash equivalents (238.3) (238.6) (226.4)
Net Debt $ 742.6 785.2 884.7
Income before income taxes $ 39.9 $ 88.4 $ 53.3 $ 101.8
Interest expense, net 15.5 62.2 16.1 62.8
Depreciation and amortization 32.8 123.9 25.1 116.2
Special items, impact on operating income 22.9 164.9 9.3 151.3
Accelerated depreciation included in special
items (6.8) (23.1) (0.1) (16.4)
Adjusted EBITDA $ 104.3 $ 416.3 $ 103.7 $ 415.7
Net Debt/TTM Adjusted EBITDA 2.1
POL IR Presentation - Credit Suisse - June 2015
��PolyOne Investor Presentation�Credit Suisse �Boston Basic Materials Conference �June 2015��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Confirmation of Our Strategy
Strategy and Execution Drive Results
Proof of Performance & 2020 Goals
Platinum Vision: Pathway to Accelerated Growth
Innovation Drives Earnings Growth
Megatrends Aligned with Key End Markets
A Rich Pipeline of Opportunity
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
PolyOne Core Values
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Globalization.pdf
Capital projects heavily focused on enabling
international growth
�Greenfield Color facility in India�Greenfield Color facility in India
�New TPE line in Brazil
�Joint venture with E.A.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Kalol, India 65.
Pune, India(d) 66.
Rania, India 67.
https://www.avient.com/sites/default/files/2025-05/Avient Announces First Quarter 2025 Results_0.pdf
Despite this, our teams delivered organic sales growth for
the fourth consecutive quarter and expanded adjusted EBITDA margins 20 basis points to
17.5%.
The non-GAAP financial measures include organic performance (which
excludes the impact of foreign exchange), adjusted EPS, adjusted operating income, adjusted
EBITDA, adjusted EBITDA margins, free cash flow and adjusted free cash flow.
The above list of factors is not exhaustive.
https://www.avient.com/investor-center/news/polyone-expands-specialty-offerings-acquisition-magenta-master-fibers
which represents a multiple of 6.8x EBITDA.
The above list of factors is not exhaustive.
https://www.avient.com/idea/telecom-supplier-secures-large-contract-specialty-nylon
Avient’s solution was a unique, nylon-based material that met the all of the application’s performance requirements.
A technical representative was also on hand to assist in production startup at the manufacturer’s molding facility.
https://www.avient.com/idea/led-manufacturer-innovates-and-saves-polymer-heat-sinks
Startup times also were reduced.
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
The non-GAAP financial measures include: Adjusted Earnings Per Share, Adjusted EBITDA and adjusted EBITDA
margins.
We also monitor earnings (defined as net income from continuing operations) before interest, taxes, depreciation
and amortization (EBITDA) and adjusted EBITDA (EBITDA before the impact of special items) as a supplement to our GAAP
measures.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating
performance.
https://www.avient.com/sites/default/files/2023-02/KristenGajewski.pdf
Gajewski joined Avient in July 2013 from AkzoNobel/PPG and has since taken on multiple
roles with increasing responsibility within the Human Resources function, including HR
Director for Avient’s Color, Additives & Inks business segment, and an international assignment
with responsibility for the EMEA and India regions.
Gajewski led Avient’s learning and organizational
development programs, talent management and acquisition, as well as working as the HR
Director for all global Corporate Functions.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Kristen Gajewski.pdf
Gajewski joined Avient in July 2013 from AkzoNobel/PPG and has since taken on multiple
roles with increasing responsibility within the Human Resources function, including HR
Director for Avient’s Color, Additives & Inks business segment, and an international assignment
with responsibility for the EMEA and India regions.
Gajewski led Avient’s learning and organizational
development programs, talent management and acquisition, as well as working as the HR
Director for all global Corporate Functions.