https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
In particular, these include statements relating to future actions; prospective changes in raw
material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal
proceedings and environmental liabilities; and financial results.
This is due to the inherent difficulty of forecasting the timing and amount of
certain items, such as, but not limited to, mark-to-market adjustments associated with benefit plans, environmental remediation costs, acquisition-related costs, and other non-routine costs.
GUIDANCE
12
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
13
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
14
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
https://www.avient.com/sites/default/files/2024-03/QF-02 QMS Global Standard Response.PDF
Supplier approval and supplier evaluation
Procedures are in place to manage supplier
approval as well as a supplier evaluation for new
suppliers.
Release of finished products
Production of Mevopur products are under controlled
conditions according to a documented procedure.
Release of finished products
Production of products produced under ISO 22000
conditions are maintained according to
documented procedures.
https://www.avient.com/company/sustainability/sustainability-report/goals-commitments/2030-goals-progress/un-sdgs
That is why, in support of the objectives of the Paris Agreement, we announced our ambition to achieve operational carbon neutrality by 2050 and aligned goals with our RE100 commitment.
https://www.avient.com/news/avient-features-sustainable-polymer-colorants-and-additives-specialty-engineered-materials-and-services-plastimagen-2023
Avient is highlighting various polymer solutions and services that support sustainability objectives from conception to commercialization for customers in Latin America.
https://www.avient.com/company/sustainability/sustainability-report/people/diversity-inclusion-0
This decentralized approach ensures sensitivity to local customs and norms, while still advancing Avient’s overarching objectives.
https://www.avient.com/news/polyone-invisio-color-inspiration-2015-provides-multidimensional-inspiration-designers
Incorporating translucency allows the lines and layers of an object’s composition to shine through.
https://www.avient.com/news/avient-technology-helps-achieve-color-consistency-l-or-al-pcr-packaging-worldwide
At the same time, L’Oréal had an objective is to have 100% of the plastics used in its packaging be made either from recycled or biobased sources by 2030.
https://www.avient.com/company/sustainability/people/training-and-development
We regularly review and analyze the technical and leadership skills of our workforce to deliver on the training needs of our associates to advance our business objectives.
https://www.avient.com/products/thermoplastic-elastomers
Silicones
This high-level, objective look at both TPEs and LSR touches on some key topics to consider in three critical categories—design, production and performance—to help you make a more informed decision.
https://www.avient.com/news/archives?page=35
OnColor™ WC Wire and Cable Colorants Feature Cost-Effective Performance
CLEVELAND – June 24, 2020 – PolyOne today launched OnColor™ WC Choice, a new line of cost-effective colorants that reliably achieve the per