https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-laser-additives
Our laser marking concentrates give manufacturers control in laser marking polymers with speed and clarity.
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Explore What's Possible
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
A reconciliation of each historical non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.avient.com.
Each of such
adjustments has not yet occurred, are out of Avient’s control and/or cannot be reasonably predicted.
To provide comparable financial results, the Company references “pro forma” financial metrics, which include the business results of Clariant Color for
periods prior to the Acquisition Date.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
We also expanded our cybersecurity controls to address the
evolving global cybersecurity threats.
Our competencies define what it takes to be successful at Avient.
Some of the programs are tailored to local standards and
needs.
https://www.avient.com/news/avient-and-ivcc-accelerate-formulation-development-long-lasting-insecticidal-nets-malaria-control
Homepage
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News Center
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Avient and IVCC Accelerate Formulation Development of Long-Lasting Insecticidal Nets for Malaria Control
Photo courtesy of: Disease Control Technologies, LLC
About IVCC
IVCC is a not-for-profit Product Development Partnership (PDP) working in vector control.
https://www.avient.com/investor-center/news/polyone-announces-amendment-revolving-credit-facility
executive vice president and chief financial officer, commented, "We continually seek opportunities to improve our financial position and strengthen our balance sheet to best support our growth initiatives.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Welcome%2520and%2520Introduction.pdf
Rosenau
Financial Review Richard J.
Hanna
consolidate
• Cultures clash –
commodity wins
• Dependent on
income derived from
commodity joint
ventures
The First 6 Years
• Globally organized along
three strategic platforms
• Non-core equity
investment dispositions
• Talent upgrades, discipline
instilled throughout
organization
• New CEO hired to
transform POL into
specialty business
�18 of 20 officers new
• Implemented four
pillar strategy
• Nearly 50% of
The Second 6 Years
History of PolyOne – A Transformation
• Focused on increasing
volume, not profits
• Heavily tied to cyclical
markets
2000 2006 2012
The FormationThe Formation
The TransformationThe Transformation
The New PolyOneThe New PolyOne
organization
• Demonstrated ability
to deliver
• Nearly 50% of
business operating
income derived from
Specialty Platform*
• Specialty assets
acquired
*Pro forma for ColorMatrix acquisition
Page 8
30%
50%
70%
90%
$10
$12
$14
$16
$18
PolyOnePolyOne
Stock Price
S&P 500 (relative performance)
Strategy and Execution Drive Results
| | | |
-50%
-30%
-10%
10%
30%
$0
$2
$4
$6
$8
$10
2006 2007 2008 2009 2010 2011 2012
Page 9
Four Pillar Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Page 10
60%
80%
100%
%
o
f
O
p
ra
ti
g
I
co
m
*
Old
PolyOne
Transformation
2012
Target
“What We Said”
Mix Shift Highlights Specialty Transformation
Ahead of Schedule
*Operating Income excludes Corporate Charges
** Pro Forma for the acquisition of ColorMatrix and divestiture of SunBelt
2%
34%
42%
50% >50%
0%
20%
40%
2005 2008 2011 2011** 2012
%
o
f
O
p
ra
ti
g
I
co
m
*
JV's PP&S Distribution Specialty
Specialty OI $5M $46M $89M $117M “What We Said”
Page 11
2007 2012 Target 2011
“Where we were” “What we said” “Where we are”
1) Operating Income %
Specialty 3.2% 10% - 12% 8.9%
PP&S 6.1% 8% - 10% 7.2%
Pro forma ColorMatrix
Proof of Performance
Distribution 3.0% 4% - 5% 5.6%
2) Specialty Platform
sss% of Operating Income
20% >50% 50%
3) Specialty Vitality
Index
21% 35% - 40% 49%
4) ROIC* (pre-tax) 11% >15% 16%
5) Sales outside the US 37% >40% 40%
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 12
2011
Pro forma ColorMatrix
2015 Target
“Where we are” “Where we expect to be”
1) Operating Income %
Specialty 8.9%
PP&S 7.2%
12 – 16%
9 – 12%
Elevating our Expectations and Yours
PP&S 7.2%
Distribution 5.6%
2) Specialty Platform
% of Operating Income
50%
3) ROIC* (after-tax) 10%
4) Adjusted Annual
EPS Growth
3 yr CAGR = 71%
9 – 12%
6 – 7.5%
65 – 75%
15%
Double Digit Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 13
• Four pillar strategy, coupled with our ability to
execute is driving results
• Strong leadership team driving growth & executing
• Innovation and services provide differentiation and
How do we get there?
https://www.avient.com/knowledge-base/article/top-3-considerations-uv-barrier-additives-pet-packaging
Some PET container designs and shapes include varying thicknesses.
Some UV additives can affect the clarity of clear and transparent PET containers.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Morgan%2520Stanley%2520Global%2520Chemicals%2520and%2520Agriculture%2520Conference%2520-%252011%253A15%253A2016.pdf
POLYONE CORPORATION 3
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting
principles) and non-GAAP financial measures.
The non-GAAP financial measures
include: adjusted EPS, Specialty platform operating income percentage, adjusted
operating income, and return on invested capital
1) Special items are a non-GAAP financial measure and are used to determine adjusted earnings.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%2520Global%2520Industrial%2520Conference%2520-%252011%253A8%253A2016.pdf
POLYONE CORPORATION 3
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting
principles) and non-GAAP financial measures.
The non-GAAP financial measures
include: adjusted EPS, Specialty platform operating income percentage, adjusted
operating income, and return on invested capital
1) Special items are a non-GAAP financial measure and are used to determine adjusted earnings.
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/preperm-low-loss-dielectric-thermoplastics
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Explore What's Possible
Explore What's Possible