https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
&
Canada
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
9% 4% 4%
Building &
Energy Telecom
Geography
Segment
Industry
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
GUIDANCE
$800
$754
$128
$123
Sales Adjusted EBITDA
$0.56 $0.57
13
• Demand impacted by destocking
and cautious customer sentiment
• Positive net price benefit:
o CAI - Pricing flat and raw
material deflation
o SEM - Pricing flat with
unfavorable mix related to
healthcare, more than offset
with raw material deflation
• Cost reductions driven by Clariant
synergies and reduced
administrative costs
Q3 EBITDA BRIDGE
($ millions)
CAI:
Price / Mix -)
Deflation 22)
SEM:
Price / Mix (6)
Deflation 13)
Net Price Benefit 29)
Cost Reductions 13)
Wage Inflation (8)
FX 1)
Q3 2023 Actual $ 123)
Adjusted
EBITDA
Q3 2022 Pro Forma $ 137)
Demand (49)
14
2023 G U I DAN CE
Q4 2023 GUIDANCE VS.
Avient reflects 2023 adjusted EBITDA guidance of $500M and estimated run-rate CAPEX of $110M.
2023E (%)
27
78
89
84 82 80 77
88
81
76
70 69
60
54
(6)
Av
ie
nt
PP
PM FM
C C
Avient Specialty
Other Specialty /
MULTIPLE EXPANSION
Note: Avient reflects 2023 adjusted EBITDA guidance of $500M and closing share price of $31.18.
https://www.avient.com/resource-center?document_type=0&industry=0&product_family=1688&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_build_id=form-m7GxLBh51JBZ0No9Mz3kWskC8vMi4di1Pw6sPq1Huww&form_id=resource_filter_form&page=2
Injection molded Complēt™ long carbon fiber reinforced nylon composite delivered high stiffness and low weight while simplifying manufacturing
https://www.avient.com/resource-center?document_type=0&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=1688&product_name=0&product_subfamily=0&page=2
Injection molded Complēt™ long carbon fiber reinforced nylon composite delivered high stiffness and low weight while simplifying manufacturing
https://www.avient.com/resource-center?document_type=0&industry=0&product_family=1688&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=2
Injection molded Complēt™ long carbon fiber reinforced nylon composite delivered high stiffness and low weight while simplifying manufacturing
https://www.avient.com/news/archives?page=32
New Edgetek™ and LubriOne™ PKE Materials from Avient Replace Nylon and Acetal, Reduce Carbon Footprint
https://www.avient.com/news/archives?page=37
CLEVELAND – April 28, 2020 – PolyOne today announced the launch of ColorMatrix™ Amosorb™ 4020G, a non-nylon based, low-haze oxygen scaven
https://www.avient.com/industries/consumer/consumer-staples
More
Could polyketone be the next-generation nylon alternative?
https://www.avient.com/knowledge-base/article/composites-explained
Thermoplastics used in making composites range from polypropylene (PP), nylon (PA) and polycarbonate (PC) to polyester, polyphenylene sulfide (PPS), and polyetheretherketone (PEEK).
https://www.avient.com/knowledge-base/case-study/closing-loop-post-consumer-recycled-pet-beverage-bottles
ColorMatrix™ Amosorb™ 4020G is a non-nylon based, low-haze oxygen scavenger for polyethylene terephthalate (PET) rigid packaging.
https://www.avient.com/knowledge-base/article/composites-explained?rtype[]=1164
Thermoplastics used in making composites range from polypropylene (PP), nylon (PA) and polycarbonate (PC) to polyester, polyphenylene sulfide (PPS), and polyetheretherketone (PEEK).
