https://www.avient.com/industries/consumer/consumer-discretionary/home-household/office-supplies
Bergamid™ polymer formulations and GLS™ TPEs replace metal and provide comfort and usability for Swiss soldiers pocket knife
Swiss Soldier's Pocket Knife Handle
Bergamid™ polymer formulations and GLS™ TPEs replace metal and provide comfort and usability for Swiss soldiers pocket knife
https://www.avient.com/investor-center/news/polyone-raises-outlook-second-quarter-2019-adjusted-earnings
We have invested heavily in composites over the last few years and are now delivering with multiple new business wins."
the company will provide additional details on its second quarter performance as well as updated expectations for the balance of the year.
https://www.avient.com/investor-center/news/avient-signs-agreement-divest-distribution-business-hig-capital-950-million
Pro forma for the sale of the Distribution business and the forthcoming acquisition of DSM's Protective Materials business, net debt to adjusted EBITDA leverage will be approximately 2.8x at the end of the year.
business and the proposed sale of the Distribution business; and other factors described in our Annual Report on Form 10-K for the year ended
https://www.avient.com/investor-center/news/avient-increases-dividend-12
Our track record of earnings growth over the years and ability to generate strong cash flow has allowed us to raise our dividend every year since it was first initiated in 2011," said
https://www.avient.com/news/avient-highlight-achievements-global-growth-latest-innovations-plastindia-2023
NEW DELHI, India – February 1, 2023 – For the first time in 5 years, Avient will participate in PlastIndia 2023, where it will be exhibiting its latest innovations and initiatives of sustainable and specialized material solutions for the plastics industry.
Avient Announces Fourth Quarter and Full Year 2024 Results...
https://www.avient.com/sites/default/files/2025-03/Q4 2024 Avient Webcast Slides w Non-GAAP.pdf
All Rights Reserved
2025 4
Full-year 2024 organic revenue growth - by region
▲5% ▲1% ▲5% ▲15%
Year-over-year revenue growth, excludes the impact of foreign exchange
US & Canada Europe, Middle
East & Africa
Asia Latin America
5Copyright © .
All Rights Reserved
2025 15
Avient full year 2024 performance vs. full year 2023
Sales
3,143
3,240
FY 2023 FY 2024
EXCL.
EPS - Full year 2025
$2.70 to $2.94
Q1 2025
$0.76
adj.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Q 3 2 0 2 1 P E R F O R M A N C E
U P D AT E
$74
$99
2020 2021
$0.46
$0.70
2020 2021
Q3 2021 PERFORMANCE
( T O TA L C O M PA N Y )
4
Sales Adjusted Operating Income
$925
$1,220
2020 2021
+ 32%
Adjusted EPS
+ 34% + 52%
(in millions) (in millions)
Q3 2021 SEGMENT PERFORMANCE
5
CAI
$494
$587
Sales
($ in millions)
SEM Distribution
$51
$67
Operating Income
+19%
+31%
$277
$439
Sales
$18
$24
Operating Income
+58%
+33%
(1)
$174
$234
Sales
$25
$32
Operating Income
+34%
+28%
SPECIALTY EBITDA MARGIN EXPANSION
6
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color acquisition
15.3% 15.2%
16.2%
17.6%
2018 2019 2020 YTD 2021
14.8% 15.2%
17.6%
18.4%
2018 2019 2020 YTD 2021
(1)
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
7
Legacy CAI
18.9% 18.9%
19.8%
2019 2020 YTD 2021
Legacy
Clariant
Color
11.9%
13.8%
15.7%
2019 2020 YTD 2021
• Synergy capture driving margin
improvement
• Favorable mix with growth in
healthcare, consumer and packaging
end-markets
• World-class vitality index of 35%
represents sales from products
introduced in the last five years.
This
innovation drives performance and is
reflective of consistent, strategic
investments in technology and people
Clariant Color business
acquired July 1, 2020
1
1
2
3
5
7
7
7
9
10
30
40
14
25
13
22
35
9
19
13
18
41
Current Additional share needed to reach 2025 target
B R A N D O W N E R S C O M M I T T E D TO I N C R E A S I N G
U S E O F R E C YC L E D M AT E R I A L S
8
Brand Owner 1
Brand Owner 3
Brand Owner 2
Brand Owner 7
Brand Owner 4
Brand Owner 10
Brand Owner 6
Brand Owner 11
Brand Owner 5
Brand Owner 8
Brand Owner 9
Brand Owner 12
Brand Owner 13
Percent recycled plastic used:
(examples and not exhaustive)
(1)
(1) Latest year reported.
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
E NA B L I N G T H E U S E O F R E C YC L E D C O N T EN T
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
9
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
C A S E S T U DY W I T H B R A N D OW N E R
Recycled ResinVirgin Resin
10
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
11
• Revenue from sustainable solutions expected
to grow 18% in 2021 as our innovation efforts
and collaboration with customers continues to
accelerate
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
1111
*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
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
12
Sales Growth Rate
Adjusted
Operating
Income$ millions
13
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(1)
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
14
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
Adjusted
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
15
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
Adjusted
EBITDA$ millions
F U L L Y E A R 2 0 2 1
O U T L O O K
$308
$430
2020PF 2021E
$1.93
$3.00
2020PF 2021E
FULL YEAR GROWTH PROJECTIONS
( T O TA L C O M PA N Y )
17
Sales Adjusted Operating Income
$3,783
$4,750
2020PF 2021E
+ 26%
Adjusted EPS
+ 40% + 55%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
$442
$457
$580
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 GROWTH
( T O TA L C O M PA N Y )
18
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
2019PF 2020PF 2021E
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
C R E AT I N G VA LU E F O R SH A R E H O L D E R S
19
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$
B
n
$
p
e
r
sh
a
re
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)
(2)
494%
2 0 2 1 AV I E N T I N V E S TO R DAY
20
• Investor Day to be held December 9, 2021 in New York, NY
• The company will be doing a deep dive into its key long-
term growth drivers with a particular focus on sustainable
solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team will also provide further details on
the Clariant Color integration, as well as capital allocation
priorities
PEER COMPARISONS
21
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
News Release - AVNT-2021.12.31-News Release
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Record Fourth Quarter and Full Year 2021 Results
Financial Performance
• Fourth quarter and full year sales increased 21% to $1.2 billion and 27% to $4.8 billion,
respectively
• Fourth quarter and full year GAAP EPS of $0.32 and $2.51 compared to $0.81 and $1.46 in
the prior year
• Fourth quarter and full year adjusted EPS increased 12% to $0.58 and 58% to $3.05,
respectively
• Initiates 2022 guidance of $5.1 billion in sales and $3.50 in adjusted EPS
Milestone Achievements
• Increased dividend on an annualized basis by 12% to $0.95; the 11th year in a row of an annual
increase
• Increased EBITDA contribution from Clariant acquisition from $133 to $205 million and
reduced net debt to adjusted EBITDA to 2.2x, one year ahead of schedule
• Joined the United Nations Global Compact, recognized as one of America’s Most Responsible
Companies by Newsweek, and earned the company's third consecutive Great Place to Work®
certification.
Fourth quarter and full year GAAP EPS were $0.32 and $2.51 compared to
$0.81 and $1.46 in the prior year fourth quarter and full year, respectively.
Comparisons to prior year full year financial results herein are presented on
a pro forma basis such that the prior periods include the business results of Clariant Color for that
prior period.
https://www.avient.com/investor-center/news/avient-announces-second-quarter-2022-results
in the prior year quarter
in the prior year quarter.
a 14% increase from the prior year quarter, and maintained its full year adjusted EPS guidance of
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Emissions methodology
C5.1
(C5.1) Provide your base year and base year emissions (Scopes 1 and 2).
Scope 1
Base year start
January 1, 2019
Base year end
December 31, 2019
Base year emissions (metric tons CO2e)
18,709
Comment
We are restating our baseline year emissions to include our recent acquisitions.
Scope 2 (market-based)
Base year start
January 1, 2019
Base year end
December 31, 2019
Base year emissions (metric tons CO2e)
155,023
Comment
We are restating our baseline year emissions to include our recent acquisitions.