https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
GUIDANCE $800 $754 Guidance Actual $128 $123 Guidance Actual Sales Adjusted EBITDA (in millions) $0.56 $0.57 Guidance Actual Adjusted EPS (in millions) 9 • Demand impacted by destocking and cautious customer sentiment • Positive net price benefit: o CAI - Pricing flat and raw material deflation o SEM - Pricing flat with unfavorable mix related to healthcare, more than offset with raw material deflation • Cost reductions driven by Clariant synergies and reduced administrative costs Q3 EBITDA BRIDGE ($ millions) CAI: Price / Mix -) Deflation 22) SEM: Price / Mix (6) Deflation 13) Net Price Benefit 29) Cost Reductions 13) Wage Inflation (8) FX 1) Q3 2023 Actual $ 123) Adjusted EBITDA Q3 2022 Pro Forma $ 137) Demand (49) 10 2 0 2 3 G U I D A N C E Q4 2023 GUIDANCE VS.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Switzerland.pdf
If a present or future law, governmental decree, order, regulation, or ruling under any existing or future legislation prevents Seller from increasing or revising the price as provided herein, or nullifies or reduces any price or price increase hereunder, upon written notice from one to the other Seller and Buyer will attempt to identify mutually agreeable changes to conform this contract with such law, decree, order, regulation, or ruling.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Ireland.pdf
If a present or future law, governmental decree, order, regulation, or ruling under any existing or future legislation prevents Seller from increasing or revising the price as provided herein, or nullifies or reduces any price or price increase hereunder, upon written notice from one to the other, Seller and Buyer will attempt to identify mutually agreeable changes to conform this contract with such law, decree, order, regulation, or ruling.
https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
FX +4.6% FX -1.5% Total Avient +3.1% Note: Regional Sales Percentages exclude impact of foreign exchange Q2 2024 SEGMENT PERFORMANCE ( C O L O R , A D D I T I V E S & I N K S ) $525 $542 Q2 23 Q2 24 $94 $108 Q2 23 Q2 24 19.9% Sales Adjusted EBITDA (in millions) (in millions) Sales Adjusted EBITDA 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 ( S P E C I A LT Y E N G I N E E R E D M AT E R I A L S ) $301 $308 Q2 23 Q2 24 $60 $64 Q2 23 Q2 24 20.6% Sales Adjusted EBITDA (in millions) (in millions) Sales Adjusted EBITDA 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) 2 0 2 4 G U I D A N C E FY 20 24 GUIDA NC E 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 20 23 SUSTAI NA BILI TY REPORT 14 Sustainability for a Better Tomorrow 2023 SUSTAINABILITY REPORT 15 • Investor Day to be held 2024年12月4日 in New York, NY • The focus will be to do a deep dive on the Company’s strategy • Further details to be communicated 20 24 AVI ENT INVESTOR DAY A P P E N D I X 18 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RA W MATERI AL BA SKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 20 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 21 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR , AD DI TI VES & INKS 2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N US & Canada 52% EMEA 35% Asia 13% 22 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPEC IA LTY ENGI NEER ED MATERI ALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2 0 2 3 AV I E N T R E G I O N A L S A L E S Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 23 B Y E N D M A R K E T 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 Peru.pdf
If a present or future law, governmental decree, order, regulation, or ruling under any existing or future legislation prevents Seller from increasing or revising the price as provided herein, or nullifies or reduces any price or price increase hereunder, upon written notice from one to the other, Seller and Buyer will attempt to identify mutually agreeable changes to conform this contract with such law, decree, order, regulation, or ruling.
https://www.avient.com/sites/default/files/2024-11/Terms and Conditions of Sale for Canada.pdf
If a present or future law, governmental decree, order, regulation, or ruling under any existing or future legislation prevents Seller from increasing or revising the price as provided herein, or nullifies or reduces any price or price increase hereunder, upon written notice from one to the other, Seller and Buyer will attempt to identify mutually agreeable changes to conform this contract with such law, decree, order, regulation, or ruling.
https://www.avient.com/sites/default/files/2024-11/Avient Wire _ Cable Industry Bulletin.pdf
DURABILITY Extended Life, Chemical Resistance, High & Low Temperature Performance, Flexibility, UV Stability, Tensile Strength SOLUTIONS: Cross-Linkable Formulations, UV & Light Blocking Additives, High-Temperature Crosslinked Formulations REGULATORY SPECIFICATIONS Quality Assurance, UL, CSA, CPR Compliant SOLUTIONS: Flame Retardants & Compliant Colorants, Product Authentication Technologies, Flame Retardant Engineered Polymers, LSFOH Flame Retardant Formulations PROCESSING EFFICIENCY Reduced Part Weight, High Extrusion Speeds, Ambient Curing SOLUTIONS: Cross-Linkable Formulations, Chemical Foaming Agents & Additives, Processing Enhancement Additives, Laser Marking Additives IMPROVED SAFETY Flame Performance, Property Protection, Heat & Chemical Resistance SOLUTIONS: Flame Retardant Engineered Polymers, Wire & Cable Colorants, Antimicrobial Additives, Electrical Performance Additives POWER CABLES https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives/cesa-light-additives https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/colorant-chromatics-crosslinked-formulations https://www.avient.com/products/polymer-additives/flame-retardants-and-compliant-solutions https://www.avient.com/products/polymer-additives/anti-counterfeiting/cesa-percept-authentication-technologies https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/polymer-additives/foaming-agents https://www.avient.com/products/polymer-additives/processing-enhancement-additives https://www.avient.com/products/polymer-additives/laser-marking-additives https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-wire-cable https://www.avient.com/products/polymer-additives/repellant-antimicrobial-additives/cesa-withstand-antimicrobial-additives https://www.avient.com/products/polymer-additives/electrical-performance-additives DURABILITY & AESTHETICS Extended Life, High Material Flexibility, Chemical Resistance, UV Stability, Tensile Strength, Laser Markable Colors SOLUTIONS: Flame Retardant Engineered Polymers, Colorants for Wire & Cable, UV & Light Blocking Additives, Antimicrobial Additives, Laser Marking Additives FIRE SAFETY Flame & Fire Performance, Low Dripping, Property Protection, Heat & Chemical Resistance SOLUTIONS: Flame Retardant Additives, Flame Retardant Engineered Polymers REGULATORY SPECIFICATIONS BEAD, UL, CSA, and CPR Compliant, Quality Assurance SOLUTIONS: Engineered Fiber Products, Flame Retardants & Compliant Colorants, Product Authentication Technologies, Flame Retardant Engineered Polymers LOW SMOKE & FUME NON-HALOGEN (LSFOH) High Flame Retardancy, Low Smoke, Fume, Corrosiveness & Toxicity, Smoke Mitigation SOLUTIONS: LSFOH Flame Retardant Formulations, Non-Halogenated FR Additives DATA CABLES SPEED & EFFICIENCY Faster Deployment, Lower Labor & Manufacturing Cost, High Extrusion Speeds SOLUTIONS: Chemical Foaming Agents & Additives, Processing Enhancement Additives, Laser Marking Additives, Water Blocking & Absorbing Yarn, Ripcords for Fiber Optic Cable ELECTRIC & THERMAL MANAGEMENT Low-Dielectric Performance, FEP Alternative, Data Integrity, Data Performance SOLUTIONS: Flame Retardant Engineered Polymers, Flame Retardants & Compliant Colorants, Electrical Performance Additives LIGHTWEIGHTING Dielectric Strength Members, Weight Reduction SOLUTIONS: Chemical Foaming Agents & Additives, Synthetic Fiber Strength Members, Water Blocking & Absorbing Yarn HIGH-TEMPERATURE SOLUTIONS Pre-Colored Formulations, Laser Markable Colors, Standard & Custom Colors, Conductivity SOLUTIONS: High-Temperature Colorants & Pre-colored Solutions, High Temperature Marking Inks, Colorants & Additives, Conductive High-Temperature Formulations https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-wire-cable https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives https://www.avient.com/products/polymer-additives/repellant-antimicrobial-additives/cesa-withstand-antimicrobial-additives https://www.avient.com/products/polymer-additives/laser-marking-additives https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-flame-retardant-additives https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products https://www.avient.com/products/polymer-additives/flame-retardants-and-compliant-solutions https://www.avient.com/products/polymer-additives/anti-counterfeiting/cesa-percept-authentication-technologies https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-flame-retardant-additives https://www.avient.com/products/polymer-additives/foaming-agents https://www.avient.com/products/polymer-additives/processing-enhancement-additives https://www.avient.com/products/polymer-additives/laser-marking-additives https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products/water-blocking-absorbing-yarn https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products/ripcords-fiber-optic-cable https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations https://www.avient.com/products/polymer-additives/flame-retardants-and-compliant-solutions https://www.avient.com/products/polymer-additives/electrical-performance-additives https://www.avient.com/products/polymer-additives/foaming-agents https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products/strength-members https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products/water-blocking-absorbing-yarn https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates https://www.avient.com/products/printing-and-marking-inks/colorant-chromatics-marking-inks https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/colorant-chromatics-conductive-formulations-0 POWER CABLES SOLUTIONS AVIENT TECHNOLOGIES Cross-Linkable Formulations Syncure™ XLPE Cross-linkable Polyethylene Formulations ECCOH™ XL Cross-Linkable Formulations Colorant Chromatics™ Crosslinked Formulations UV & Light Blocking Performance UV & Light Blocking Additives ECCOH™ LSFOH UV Formulations Chemical Foaming Agents & Additives Excelite™ Chemical Foaming Additives Hydrocerol™ Chemical Foaming Agents Processing Enhancement Additives Cesa™ Processing Additives Laser Marking Additives Cesa™ Laser Additives Colorant Chromatics™ UV Laser Marking Technology Flame Retardants & Compliant Colorants Cesa™ Flame Retardant Additives OnColor™ UL 94 Colorants Product Authentication Technologies Cesa™ Percept™ Authentication Technologies Flame Retardant Engineered Polymers Syncure™ XLPE Cross-linkable Polyethylene Formulations ECCOH™ Low Smoke and Fume Non-Halogen Formulations ECCOH™ XL Cross-Linkable Formulations Wire & Cable Colorants OnColor™ Colorants for Wire & Cable Antimicrobial Additives Cesa™ WithStand™ Antimicrobial Additives Electrical Performance Additives Electrical Performance Additives https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-xlpe-cross-linkable-polyethylene-formulations https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-xl-cross-linkable-solutions https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/colorant-chromatics-crosslinked-formulations https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations https://www.avient.com/products/polymer-additives/foaming-agents/excelite-chemical-foaming-additives https://www.avient.com/products/polymer-additives/foaming-agents/hydrocerol-chemical-foaming-agents https://www.avient.com/products/polymer-additives/processing-enhancement-additives https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-laser-additives https://www.avient.com/products/polymer-additives/laser-marking-additives/colorant-chromatics-uv-laser-marking-technology https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-flame-retardant-additives https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-ul-94-colorants https://www.avient.com/products/polymer-additives/anti-counterfeiting/cesa-percept-authentication-technologies https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-xlpe-cross-linkable-polyethylene-formulations https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-xl-cross-linkable-solutions https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-wire-cable https://www.avient.com/products/polymer-additives/repellant-antimicrobial-additives/cesa-withstand-antimicrobial-additives https://www.avient.com/products/polymer-additives/electrical-performance-additives DATA CABLES SOLUTIONS AVIENT TECHNOLOGIES Flame Retardant Engineered Polymers ECCOH™ Low Smoke and Fume Non-Halogen Formulations Maxxam™ FR Flame Retardant Polyolefin Formulations Maxxam™ SY Foamable Flame Retardant Formulations UV & Light Blocking Performance UV & Light Blocking Additives ECCOH™ LSFOH UV Formulations Chemical Foaming Agents & Additives Excelite™ Chemical Foaming Additives Hydrocerol™ Chemical Foaming Agents Processing Enhancement Additives Cesa™ CTR Additives Laser Marking Additives Cesa™ Laser Additives Colorant Chromatics™ UV Laser Marking Technology Ripcords for Fiber Optic Cable Fiber-Line™ Ripcords Water Blocking & Absorbing Yarn Swellcoat™ Water Blocking & Absorbing Yarn Flame Retardants & Compliant Colorants Cesa™ Flame Retardant Additives OnColor™ UL 94 Colorants Product Authentication Technologies Cesa™ Percept™ Authentication Technologies Engineered Fiber Products Fiber-Line™ Engineered Fibers Synthetic Fiber Strength Members Fiber-Line™ Synthetic Fiber Strength Members Antimicrobial Additives Cesa™ WithStand™ Antimicrobial Additives Colorants for Wire & Cable OnColor™ Colorants for Wire & Cable Electrical Performance Additives Cesa™ Conductive Additives Cesa™ Stat Antistatic Additives LSFOH Flame Retardant Formulations ECCOH™ Low Smoke and Fume Non-Halogen Formulations 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Belgium.pdf
If a present or future law, governmental decree, order, regulation, or ruling under any existing or future legislation prevents Seller from increasing or revising the price as provided herein, or nullifies or reduces any price or price increase hereunder, upon written notice from one to the other, Seller and Buyer will attempt to identify mutually agreeable changes to conform this contract with such law, decree, order, regulation, or ruling.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Austria.pdf
If a present or future law, governmental decree, order, regulation, or ruling under any existing or future legislation in any jurisdiction prevents Seller from increasing or revising the price as provided herein, or nullifies or reduces any price or price increase hereunder, upon written notice from one to the other, Seller and Buyer will attempt to identify mutually agreeable changes to conform the Contract with such law, decree, order, regulation, or ruling.
https://www.avient.com/products
Reduced Energy Use