https://www.avient.com/investor-center/investor-news/archives?page=28
PolyOne Expands Color Portfolio with Acquisition of Mesa
PolyOne Expands Specialty Color Portfolio with Rutland Acquisition
PolyOne Appoints Mark Crist to President of Color, Additives & Inks; Scott Horn to President of Distribution
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/home-improvement
Polymer Additives
Polymer Colorants
Engineered Polymer Formulations
https://www.avient.com/industries/packaging/personal-care-packaging/bath-and-shower
Polymer Colorants
Corrugated Sheet
ColorMatrix™ Liquid Color Concentrates achieved the beige color target with a uniform coloring process, ensuring a highquality sheet appearance
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
The presentations will do a deep dive on the eight
ways we approach sustainability, which include lightweighting, reduced energy use, sustainable
infrastructure and human health & safety, to name a few.”
Rose
Vice President, Marketing and Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
March 31,
2023 2022
Sales $ 845.7 $ 892.2
Operating Income 57.1 102.2
Net income from continuing operations attributable to Avient shareholders 20.8 64.4
Basic earnings per share from continuing operations attributable to Avient shareholders $ 0.23 $ 0.70
Diluted earnings per share from continuing operations attributable to Avient shareholders $ 0.23 $ 0.70
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and
diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items,
to assess performance and facilitate comparability of results.
Three Months Ended
March 31,
2023 2022
Sales:
Color, Additives and Inks $ 537.0 $ 649.5
Specialty Engineered Materials 309.7 243.1
Corporate (1.0) (0.4)
Sales $ 845.7 $ 892.2
Gross margin:
Color, Additives and Inks $ 162.0 $ 192.1
Specialty Engineered Materials 93.9 68.4
Corporate (8.3) (6.1)
Gross margin $ 247.6 $ 254.4
Selling and administrative expense:
Color, Additives and Inks $ 96.4 $ 97.6
Specialty Engineered Materials 50.8 30.1
Corporate 43.3 24.5
Selling and administrative expense $ 190.5 $ 152.2
Operating income:
Color, Additives and Inks $ 65.6 $ 94.5
Specialty Engineered Materials 43.1 38.3
Corporate (51.6) (30.6)
Operating income $ 57.1 $ 102.2
Depreciation & amortization:
Color, Additives and Inks $ 25.8 $ 26.0
Specialty Engineered Materials 21.2 7.8
Corporate 3.5 3.8
Depreciation & Amortization $ 50.5 $ 37.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 91.4 $ 120.5
Specialty Engineered Materials 64.3 46.1
Corporate (48.1) (26.8)
Other income (expense), net 0.7 (0.6)
EBITDA $ 108.3 $ 139.2
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/industries/packaging/household-packaging/fabric-care
Polymer Colorants
Corrugated Sheet
ColorMatrix™ Liquid Color Concentrates achieved the beige color target with a uniform coloring process, ensuring a highquality sheet appearance
https://www.avient.com/news/specialty-and-sustainable-materials-packaging-be-showcased-avient-propak-vietnam-2024
These innovations include Avient’s PCR Color Prediction Service, ColorForward™ 2025, and new grades of polymer additives for flexible film.
ColorForward™ 2025: the 19th edition of Avient’s color trend forecast developed to inspire brand owners and designers of plastic products, featuring 20 colors and effects derived from societal trends likely to influence consumer color preferences and the design of consumer products in the future
PCR Color Prediction Service: a digital tool that can illustrate the color possibilities or limitations of certain types of recycled resins (PCR) prior to laboratory trials, which can help simplify the overall color decision-making process during product development and launch
https://www.avient.com/sites/default/files/2024-04/OnColor Orange Nylon Colorant for EV Connectors Application Bulletin.pdf
It is also a preferred choice
for automotive manufacturers as a warning of
potential safety hazards.
This is where Avient’s orange nylon colorants can
help.
Its portfolio of OnColor™ polymer colorants
was developed to improve the heat and long-term
color stability of cautionary orange polymers for
high-voltage EV connectors, offering the following
benefits:
• Long-term fading resistance in thermal aging
tests at up to 130°C for 1,000 hours,
• No migration, excellent processing stability
• Lower corrosion risk vs. typical comparable
colorants
• No impact on flame retardancy and limited
adverse effects on essential mechanical
characteristics, including flexural and impact
strength
Avient’s orange nylon colorants are available in
several validated RAL, Pantone, and JPMA orange
shades for compounding, injection molding, and
extrusion.
https://www.avient.com/industries/packaging/household-packaging/surface-care
Polymer Colorants
Corrugated Sheet
ColorMatrix™ Liquid Color Concentrates achieved the beige color target with a uniform coloring process, ensuring a highquality sheet appearance
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
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.
As
presented in previous slides, this presents potential benefits with
respect to leverage and EBITDA margins
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/preperm-low-loss-dielectric-thermoplastics
Safety Data Sheets
Technical Data Sheets
Browse our library of product data sheets containing technical descriptions and details.