https://www.avient.com/sites/default/files/2020-03/PolyOne_Website-12.19.pdf
They are based on management’s expectations that involve a number of business risks and
uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
They
use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in
connection with any discussion of future operating or financial performance and/or sales.
Richardson
Executive Vice President and
Chief Financial Officer
PolyOne Corporation 4
PolyOne Corporation 5
Landmark portfolio transformation: > 85% of Adjusted EBITDA
from specialty solutions
World-class innovation, technology and service are differentiators
Sustainability initiatives and alignment with megatrends drive
above market growth in key end markets and applications:
Capital management is a strength - proven track record of
expanding ROIC while increasing invested capital
Transaction expected to add $0.85 to pro forma adjusted EPS
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Integrity
V I S I O N
PolyOne Corporation 6
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty Respect
Operational
Commercial
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
sustainable, specialty
polymer materials and
solutions.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202018.pdf
They are
based on management’s expectations that involve a number of business
risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking
statements.
Richardson
Executive Vice President &
Chief Financial Officer
Donald Wiseman
Senior Vice President, President of
Joel Rathbun
Mergers & Acquisitions
John Midea
Global Operations &
Process Improvement
Scott Horn
Senior Vice President,
President of PolyOne Distribution
Kurt Schuering
Vice President
Global Key Account
Management
Michael A.
Senior management
believes these measures are useful to investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature,
tend to obscure PolyOne's operating results due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/resources/Wells%2520Fargo%2520Conference%2520-%2520IR%2520Presentation%25205-6-2015%2520-%2520wNon%2520GAAP%2520and%2520Appendix.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which
could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
They use words such as “will,”
“anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with any discussion of
future operating or financial performance and/or sales
Senior management uses operating income excluding special items, adjusted EPS, and working
capital to assess performance and allocate resources because senior management believes that these measures are useful in
understanding current profitability levels and that current levels may serve as a base for future performance.
https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
They are based on management’s expectations that involve 2023, business risks and uncertainties, any of which could cause actual results to differ materially from those
expressed in or implied by the forward-looking statements.
They use words such as "will," “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,”
“believe” and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. items, 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.
Year Ended December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2006 2023
Sales $ 2,622.4 $ 3,142.8
Net income from continuing operations – GAAP $ 133.5 $ 76.3
Income tax expense 29.7 11.0
Interest expense, net 63.1 115.3
Depreciation and amortization from continuing operations 57.1 188.8
EBITDA from continuing operations 283.4 391.4
Special items, before tax (34.0) 114.6
Interest expense included in special items — (2.3)
Depreciation and amortization included in special items — (1.9)
JV - equity income (107.0) —
Adjusted EBITDA $ 142.4 $ 501.8
Adjusted EBITDA as a percent of sales 5.4 % 16.0 %
Avient Investor Day_Dec 2024_Wednesday morning edition.pdf
Investor Day - Dec24 - Non-GAAP v4 12.03.24 545PM.pdf
Attachment
https://www.avient.com/investor-center/news/polyone-achieves-responsible-care-certification-american-chemistry-council
ACC) Responsible Care Management System® (RCMS).
In order to receive certification, an ACC member or Partner company must demonstrate conformance to the Responsible Care Management System's comprehensive set of EHS&S requirements, which are validated through an independent, third-party audit process.
https://www.avient.com/investor-center/news/polyone-promotes-joel-rathbun-senior-vice-president-mergers-acquisitions
Rathbun has served as general manager of
Joel's demonstrated business savvy and diverse background as an engineer, banker, M&A leader and general manager make him uniquely qualified for this important, expanded role," said Mr.
https://www.avient.com/industries/transportation/aerospace
Power Management
Manage ever-changing performance requirements with our advanced solutions.
https://www.avient.com/news/polyone-showcases-industry-leading-solutions-wire-2016
No matter the application, we have the experience and the appropriate solutions to help customers overcome their challenges,” commented Christoph Palm, general manager, Color & Additives EMEA & India, at PolyOne.
Media contact:
Matt Defosse
Marketing Communications Manager, Europe
PolyOne Corporation
+49 6407-907-0386
matt.defosse@avient.com
https://www.avient.com/news/5g-accelerated-new-polyone-formulations-telecom-equipment
Telecom equipment manufacturers all over the world are readying themselves for the explosion of 5G,” said Flight Xu, general manager, Specialty Engineered Materials Asia for PolyOne.
Jennifer Huang
Senior Manager, Marketing Communications Asia
PolyOne Corporation
+86-21-60284888
jennifer.huang@avient.com
https://www.avient.com/news/polyone-speeds-color-development-new-colormatrix-custom-formulation-and-supply-system
Steven Chai, PolyOne general manager for ColorMatrix Asia Pacific, commented: “This system redefines liquid color development.
Jennifer Huang
Marketing Communications Manager, Asia
PolyOne Corporation
+86 21 50802923
jennifer.huang@avient.com