https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
GUIDANCE
12
15.4%
15.9%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Favorable mix - strong
demand for composite
applications
• Raw material deflation
Q2 EBITDA BRIDGE
13
($ millions)
CAI:
Price / Mix 7)
Deflation 11)
SEM:
Price / Mix 2)
Deflation 6)
Net Price Benefit 26)
Wage and Energy Inflation (10)
Cost Reductions 13)
FX (2)
Q2 2023 Actual $131)
Adjusted
EBITDA
Q2 2022 Pro Forma $ 172)
Demand (68) • Demand conditions vs.
expectations:
LATAM
• Net price benefit remains greater
than wage and energy inflation
• Clariant synergies and reduced
administrative costs
Q2 2023 SEQUENTIAL SALES BY REGION
Q 2 2 0 2 3 v s .
Q 1 2 0 2 3
-8%
+6%
-1%
Flat
14
Total Avient -2.6%
2023 G U IDA N CE
$128
$525
$0.56
$2.40
2023 GUIDANCE
16
$800
$3,280
Sales Adjusted EBITDA Adjusted EPS
(in millions) (in millions)
17
• Focused on working capital
management, restructuring
actions to streamline
operations
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Preserve Free Cash Flow to
maintain net leverage
CASH FLOW / LEVERAGE
($ millions) 2023E
Cash Flow from Operating Activities 320$
Less: CapEx (140)
Free Cash Flow 180$
Adjusted EBITDA 525$
Net Debt / Adjusted EBITDA 3.0x
SUSTAINABILITY AS A GROWTH DRIVER
18
LONG-TERM REVENUE GROWTH DRIVERS
Revenue From Sustainable Solutions* 2016-2022
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
$1,175M
*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
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
SUSTAINABILITY REPORT
2022
• Provides progress on 2030 goals
• Reaffirms commitment to U.N.
https://www.avient.com/resources/safety-data-sheets?page=3960
193616 TNA LLDPE MASTERBATCH
183513 BKA LLDPE MASTERBATCH
183514 GYA LLDPE MASTERBATCH
https://www.avient.com/resources/safety-data-sheets?page=3831
139209 TNA LLDPE MASTERBATCH
114194 BNA LLDPE MASTERBATCH
114195 BNA LDPE MASTERBATCH
https://www.avient.com/resource-center?document_type=221&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=4
Masterbatch Solutions for Mosquito Nets
Find out about the technology behind Avient’s antimosquito masterbatches for mosquito nets that support the fight against vector born diseases like malaria
HiFormer™ liquid masterbatch technology can help brand owners and plastic converters optimize the coloration of plastics used in applications ranging from personal care, food and beverage, appliances to construction and toys
https://www.avient.com/resource-center?document_subtype=0&document_type=221&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=4
Masterbatch Solutions for Mosquito Nets
Find out about the technology behind Avient’s antimosquito masterbatches for mosquito nets that support the fight against vector born diseases like malaria
HiFormer™ liquid masterbatch technology can help brand owners and plastic converters optimize the coloration of plastics used in applications ranging from personal care, food and beverage, appliances to construction and toys
https://www.avient.com/resources/safety-data-sheets?page=3816
FDM UR 190066 TR YE PP MASTERBATCH
FDM UR 185096 TR RD PP MASTERBATCH
FDM UR 185098 PU PEARL PP MASTERBATCH
https://www.avient.com/knowledge-base/article/deep-black-shades-polyester-textiles?rtype[]=1164
Renol deep black colorants are provided as color concentrates, also known as masterbatches, which are added to the polyester pellets during fiber extrusion in the spin-dyeing process.
In addition, the deep black masterbatches are suitable for spin-dyeing recycled grades of polyester.
Our team of fiber experts provides product guidance and assistance in any process optimization or fine-tuning stage, from developing custom masterbatches to using the correct processing settings for optimal spin-dyeing results.
https://www.avient.com/knowledge-base/article/deep-black-shades-polyester-textiles?ind[]=21537
Renol deep black colorants are provided as color concentrates, also known as masterbatches, which are added to the polyester pellets during fiber extrusion in the spin-dyeing process.
In addition, the deep black masterbatches are suitable for spin-dyeing recycled grades of polyester.
Our team of fiber experts provides product guidance and assistance in any process optimization or fine-tuning stage, from developing custom masterbatches to using the correct processing settings for optimal spin-dyeing results.
https://www.avient.com/knowledge-base/article/deep-black-shades-polyester-textiles?sust[]=1139
Renol deep black colorants are provided as color concentrates, also known as masterbatches, which are added to the polyester pellets during fiber extrusion in the spin-dyeing process.
In addition, the deep black masterbatches are suitable for spin-dyeing recycled grades of polyester.
Our team of fiber experts provides product guidance and assistance in any process optimization or fine-tuning stage, from developing custom masterbatches to using the correct processing settings for optimal spin-dyeing results.
https://www.avient.com/resources/safety-data-sheets?page=3253
147553 YE PE MASTERBATCH
FDM 125-GN-20 GN TPU MASTERBATCH
FDM 153-BU-20 BU TPU MASTERBATCH