https://www.avient.com/products/thermoplastic-elastomers
Also of Interest
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
Personal Values
Integrity.
These personal values begin with each of us—the judgments and decisions we make as
individuals affect the way Avient is viewed in the marketplace and in the communities
where we work.
FX)
2022 GROWTH PROJECTIONS
23
$3.05
$3.50
2021 2022E
Full Year – Adjusted EPS
+ 15%
(+ 17% excluding FX)
$0.89
$0.95
2021 2022E
Q1 – Adjusted EPS
+ 7%
(+ 10% excluding FX)
($ millions) Q1 Full Year Q1 Full Year
2021 - Actual 1,162$ 4,819$ 123$ 429$
Sustainable Solutions 27 110 12 44
Healthcare 15 66 4 13
Composites (excl.Outdoor High Performance) 11 29 5 13
Outdoor High Performance Applications (7) (20) (4) (10)
Growth in Asia / LATAM 10 51 3 11
Other 57 115 9 12
Sub-total 1,275$ 5,170$ 152$ 512$
Wage Inflation and Overtime (12) (18)
Other Supply Chain Costs (4) (7)
FX Impact (25) (70) (4) (8)
Synergies 4 15
Travel, Other Employee Costs (1) (4)
2022 - Estimated 1,250$ 5,100$ 135$ 490$
Adjusted
2022 SALES AND OI – Q1 AND FULL YEAR
24
($ millions) 2021 2022E
Cash Flow from Operating Activities 234$ 385$
Less:
Run-Rate CapEx (86) (90)
CapEx for Clariant Integration (15) (20)
CapEx for IT System Upgrade - (25)
Total CapEx (101) (135)
Free Cash Flow 133$ 250$
Adjusted EBITDA 581$ 635$
Net Debt / Adjusted EBITDA 2.2x 1.8x
25
CASH FLOW / LEVERAGE
26
• Record results – highest level of sales ($4.8B) and earnings
($3.05 adjusted EPS) in company history
• Successful Clariant Color integration – net debt to adjusted
EBITDA reduced to 2.2x, one-year ahead of schedule
• Recognized as one of America’s Most Responsible Companies
by Newsweek
• Earned 3rd consecutive Great Place to Work certification
2021 HIGHLIGHTS
27
• 15% adjusted EPS growth to $3.50, led by growth in sustainable
solutions and increased synergy realization
• Continued strong synergy capture from the Clariant Color integration:
$75M anticipated run-rate synergies by the end of 2022
• Adjusted EBITDA of $635M represents 9% growth above 2021 –
11% excluding the impact of foreign currencies
• Deleveraged to 1.8x net debt to adjusted EBITDA by the end of 2022
2022 SUMMARY
PEER COMPARISONS
29
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/2024-03/Terms and Conditions of Sale for Sweden.pdf
Late pay-
ments will bear interest at the maximum percent permitted by
applicable law.
Buyer shall be obliged to accept the Products and pay the rate
specified in the order confirmation for the quantity of Products
delivered by Seller.
Seller shall have the right to terminate an order confir-
mation with immediate effect if at any time prior to delivery, a
person or group of persons who are unrelated to the persons
controlling Buyer as of the date of the order confirmation, ac-
quires control, through ownership of voting securities or other-
wise, over Buyer.
https://www.avient.com/company/sustainability/planet/environmental-stewardship/agency-support
NSF, an independent organization, develops national standards, provides learning opportunities through its Center for Public Health Education, and provides third-party conformity assessment services while representing the interests of all stakeholders.
https://www.avient.com/knowledge-base/article/secret-controlling-interior-vehicle-dust?ind[]=6601
This eyesore can ruin the vehicle’s aesthetic appearance and even affect potential buyer interest.
https://www.avient.com/knowledge-base/article/secret-controlling-interior-vehicle-dust?rtype[]=1164
This eyesore can ruin the vehicle’s aesthetic appearance and even affect potential buyer interest.
https://www.avient.com/knowledge-base/article/secret-controlling-interior-vehicle-dust
This eyesore can ruin the vehicle’s aesthetic appearance and even affect potential buyer interest.
https://www.avient.com/products/advanced-composites/composite-ballistic-protection
Also of Interest
https://www.avient.com/products/advanced-composites
Also of Interest
https://www.avient.com/investor-center/news/polyone-board-elects-dr-patricia-verduin-director
for the Oral Care, Personal Care and Home Care product categories.