https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Ireland.pdf
Alleged claims, if any, do not affect Buyer’s obligation
to pay for the conforming portion of the Products delivered.
Unless otherwise agreed in a writing signed by
Seller, Seller may make changes to its Product and process without
notice to, or approval from, Buyer so long as the Product
Specifications do not change and the Product conforms to such
Specifications.
https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
You can identify these statements by the fact that they do not relate strictly to historic or current facts.
FX +4.6%
FX -1.5%
Total Avient +3.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
Q2 2024 SEGMENT PERFORMANCE
(COLOR, ADDITIVES & INKS)
$525
$542
$94
$108
19.9%
(in millions) (in millions)
10
17.9%
+200 bps
* Adjusted EBITDA Margin %
• Organic sales growth in all
regions led by Americas
• Raw material deflation combined
with cost reduction actions drove
EBITDA margin expansion
+ 3%
(+5% excluding FX)
+ 15%
(+17% excluding FX)
Q2 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$301
$308
$60
$64
20.6%
(in millions) (in millions)
11
19.8%
+80 bps
* Adjusted EBITDA Margin %
• Sales growth in consumer,
healthcare and building &
construction end markets offset
by weaker demand in
telecommunications
• EBITDA margin expansion
driven by positive end market
mix as well as raw material
deflation
+ 2%
(+4% excluding FX)
+ 7%
(+8% excluding FX)
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (May 7) Current
Adjusted EBITDA $510 to $535 million $515 to $540 million
Adjusted EPS $2.50 to $2.65 $2.55 to $2.70
Interest Expense $105 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
13
Q3 2024: Adjusted EPS of $0.62
14
Highlights
• Provides performance updates on 2030
Sustainability Goals
• Reduced company’s Scope 1 & 2 GHG emissions
by 48% since 2019
• Highlights ESG performance ratings, certifications,
and awards, including recent upgrades by
Ecovadis to Gold and CDP to A-
• Reflects Great Place to Work® culture focused on
health, safety and employee engagement
2023 SUSTAINABILITY REPORT
14
Sustainability for a
Better Tomorrow
2023
SUSTAINABILITY REPORT
15
• Investor Day to be held December 4, 2024 in
New York, NY
• The focus will be to do a deep dive on the
Company’s strategy
• Further details to be communicated
2024 AVIENT INVESTOR DAY
AP P EN D IX
18
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
20
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
21
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
22
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
23
BY END MARKET
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/sites/default/files/2024-12/Terms and Conditions of Sale for Belgium.pdf
Alleged claims, if any, do not affect Buyer’s obligation to pay for
the conforming portion of the Products delivered.
Unless otherwise agreed in a writing signed by
Seller, Seller may make changes to its Product and process without
notice to, or approval from, Buyer so long as the Product
Specifications do not change and the Product conforms to such
Specifications.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Austria.pdf
Alleged claims, if any, do not affect
Buyer’s obligation to pay for the conforming portion of the Products
delivered.
Unless otherwise agreed in a writing signed by
Seller, Seller may make changes to its Product and process without
notice to, or approval from, Buyer so long as the Product
Specifications do not change and the Product conforms to such
Specifications.
https://www.avient.com/sites/default/files/2024-11/Terms and Conditions of Sale for Canada.pdf
Alleged claims, if any, do
not affect Buyer’s obligation to pay for the conforming portion of
the Products delivered.
Unless otherwise agreed in a writing signed by
Seller, Seller may make changes to its Product and process without
notice to, or approval from, Buyer so long as the Specifications do
not change and the Product conforms to such Specifications.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Peru.pdf
Alleged claims, if any, do not affect
Buyer’s obligation to pay for the conforming portion of the Products
delivered.
Unless otherwise agreed in a writing signed by
Seller, Seller may make changes to its Product and process without
notice to, or approval from, Buyer so long as the Product
Specifications do not change and the Product conforms to such
Specifications.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_France.pdf
Nous définissons le travail des enfants
comme des services effectués par une personne de moins
de 16 ans et, si la législation locale est plus restrictive
que notre politique, nous nous conformerons à cette
dernière.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Canada.pdf
Nous définissons le travail des
enfants comme les services fournis par toute personne âgée
de moins de 16 ans.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_FRA2.pdf
Nous définissons le travail des enfants
comme des services effectués par une personne de moins de 16 ans
et, si la législation locale est plus restrictive que notre politique, nous
nous conformerons à cette dernière.
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
Values reported as “typical” or stated without a range do not state minimum or maximum properties; consult your
sales representative for property ranges and min/max specifications.