https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
The non-GAAP financial measures include: Adjusted Earnings Per Share, Net Debt / Adjusted EBITDA, and Adjusted
EBITDA.
Unless otherwise stated, Adjusted EBITDA figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset
amortization is a useful measure of current period earnings per share.
https://www.avient.com/news/polyone-announces-strong-fourth-quarter-and-full-year-2013-results
January 28, 2014
GAAP earnings per share totaled $0.25 in the fourth quarter of 2013, versus $0.03 reported in the fourth quarter of 2012.
SunBelt equity earnings, after tax
https://www.avient.com/sites/default/files/2020-05/2.-polyone-ir-presenstation-wells-fargo-industrials-conference.pdf
On January 28, 2020, prior to the issuance of the additional shares, the
Company provided guidance for adjusted EPS for the first quarter of 2020.
Accordingly, for purposes of
comparability to the January 28, 2020 guidance, and prior year, management has referenced adjusted EPS excluding the impact of the additional shares issued in February.
Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering
Three Months Ended
March 31, 2020
Net income from continuing operations – GAAP $ 33.1
Special items, after tax
(1)
8.6
After tax interest income earned on equity proceeds, included in Interest expense, net (0.7)
Adjusted net income excluding special items and impact of interest income on equity proceeds $ 41.0
Diluted weighted-average shares used to compute earnings per common share 86.7
Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (9.3)
Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 77.4
Adjusted EPS - excluding special items and the net impact of equity offering $ 0.53
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing
operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2020-05/1.-polyone-ir-presenstation-fermium-research-chemicals-conference.pdf
On January 28, 2020, prior to the issuance of the additional shares, the
Company provided guidance for adjusted EPS for the first quarter of 2020.
Accordingly, for purposes of
comparability to the January 28, 2020 guidance, and prior year, management has referenced adjusted EPS excluding the impact of the additional shares issued in February.
Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering
Three Months Ended
March 31, 2020
Net income from continuing operations – GAAP $ 33.1
Special items, after tax
(1)
8.6
After tax interest income earned on equity proceeds, included in Interest expense, net (0.7)
Adjusted net income excluding special items and impact of interest income on equity proceeds $ 41.0
Diluted weighted-average shares used to compute earnings per common share 86.7
Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (9.3)
Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 77.4
Adjusted EPS - excluding special items and the net impact of equity offering $ 0.53
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing
operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-june-2021-w-non-gaap-recs_0.pdf
Big or small, we earn customers, and we keep them.
Aligned with leading reporting frameworks – GRI, SASB, TCFD.
Full
conformance will be built over subsequent reporting cycles
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
Reported GAAP earnings per share of $0.59 vs. $0.58 in the prior year first quarter
GAAP earnings per share was
I'm very pleased to report a strong start to the year, as we reported adjusted EPS growth of 15% for the first quarter," said
https://www.avient.com/investor-center/news/avient-updates-third-quarter-and-full-year-2022-forecast
The Distribution segment will be reported as discontinued operations.
January 1, 2022
January 1, 2021
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Microsoft PowerPoint - AVNT Q4 2021 Earnings Presentation (v17) - W PEERS x ESI
AVIENT CORPORATION
F O U R T H Q U A R T E R 2 0 2 1 R E S U L T S
A N D 2 0 2 2 F I N A N C I A L G U I D A N C E
(NYSE: AVNT)
F E B R U A R Y 8 , 2 0 2 2
D I S C L A I M E R
2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
You are advised to consult any further disclosures we make
on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
Avient acquired Clariant Color on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/news/avient-site-taiwan-earns-iso-13485-accreditation-fourth-source-mevopur-medical-grade-materials
Homepage
//
News Center
//
Avient Site in Taiwan Earns ISO 13485 Accreditation; Fourth Source for MEVOPUR™ ‘Medical-Grade’ Materials
January 19, 2022
TAOYUAN, Taiwan – January 19, 2022 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, today announced the ISO 13485:2016 certification of its production site in Taoyuan, Taiwan (near Taipei).
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
Big or small, we earn customers, and we keep them.
Free Cash Flow Calculation
Year Ended
December 31, 2020
Cash provided (used) by operating activities $ 221.6
Capital expenditures (63.7)
Free Cash Flow 157.9
Payment of post-acquisition date earnout liability 38.1
Taxes paid on gain on divestiture 142.0
Adjusted Free Cash Flow $ 338.0
Year Ended
December 31, 2019
Free Cash Flow Calculation Total
Discontinued
Operations
Continuing
Operations
Cash provided by operating activities $ 300.8 $ 74.4 $ 226.4
Capital expenditures 81.7 14.1 67.6
Free Cash Flow $ 219.1 $ 60.3 $ 158.8
6
Avient IR Presentation - Goldman Sachs and Morgan Stanley.pdf
Avient IR Presentation - Goldman Sachs and Morgan Stanley - Website.pdf
Avient Q4 Earnings and 2021 Outlook.pdf
Avient Q4 Earnings and 2021 Outlook.pdf
Avient Q4 Earnings and 2021 Outlook.pdf
Avient Q4 Earnings and 2021 Outlook.pdf
Avient Q4 Earnings and 2021 Outlook.pdf
2.5.21 IR Deck Attachments clean