Avient Corporation · NYSE:AVNT
Avient — Investor Presentation (May 2025)
31 slides from Avient's investor presentation, May 2025
Slide 1: Avient Corporation Investor presentation May 2025
Avient Corporation AVNT Investor presentation MAY 2025
Slide 2: Disclaimer
Disclaimer Forward-looking statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or foreca
Slide 3: Avient at a glance
Avient at a glance... Specialty 2024 sales by end market Engineered Materials PACKAGING 37% 23% SEM CONSUMER 2024 SALES 2024 ADJ. EBITDA 2024 sales 20% by business segment $3.2B $526M Color, Additives 63% INDUSTRIAL 15% & Inks 2024 ADJ. EPS TRANSPORTATION CAI 10% $2.66 BUILDING & CONSTRUCTION US, 10
Slide 4: Key messages
Key messages Our primary focus is on organic revenue growth and margin expansion ► intersect secular trends and high growth markets with our technologies ► catalyze growth in our core build businesses in high growth Avient is evolving to markets its next phase as an ► innovator of materials solution
Slide 5: Copyright © 2025 . Internal only Avient Corporation. All Rights Reserved
Copyright © 2025 . Internal only Avient Corporation. All Rights Reserved 5
Slide 6: Intersecting secular trends and high growth markets with our technologies
Intersecting secular trends and high growth markets with our technologies to create product platforms of scale Copyright © 2025 . Avient Corporation. All Rights Reserved 6
Slide 7: Strategic approach to drive sustainable growth: Catalyze the core
Strategic approach to drive sustainable growth Avient sales growth Catalyze 1. Enhanced customer focus the core 2. Solutions from across all Avient 3. Eliminate complexity of portfolios, go-to-market models and organization 4. Amplify innovation to grow double-digits in prioritized businesses throug
Slide 8: Strategic approach to drive sustainable growth: Build new platforms of scale
Strategic approach to drive sustainable growth Avient sales growth Build new 1. Play bigger and bolder in high growth markets and portfolios supported by secular trends to platforms create product platforms of scale of scale 2. Prioritize company-level growth vectors meeting the four-point criteria
Slide 9: Strategic approach to drive sustainable growth
Strategic approach to drive sustainable growth Avient sales growth ► Prioritizing 2 Portfolios in high growth markets ► differently grow faster than core – building GROWING sizeable businesses of scale rapidly AT BUILD NEW PLATFORMS OF SCALE GROWING ► Creating “space” AT 1 Core grows above macro dri
Slide 10: Organic revenue growth with margin expansion
Organic revenue growth with margin expansion LONG TERM FINANCIAL TARGETS +100 to +200bps above GDP Organic revenue growth Copyright © 2025 . Avient Corporation. All Rights Reserved 10
Slide 11: Pathway to 20%+ adjusted EBITDA margins
Pathway to 20%+ adjusted EBITDA margins Avient margin expansion Schematic illustration only 1 Operating • Organic volume growth and +400bps leverage SG&A efficiencies from prioritizing margin expansion 20%+ resources across the company +2% Strategic objective 2 +1% Operating Mix • Increased sales in
Slide 12: Disciplined capital allocation
Disciplined capital allocation PRIORITIZATION AND PHILOSHOPY Expected annual spend between 3-5% of revenue to 1 Capex support investment in organic growth 2 Dividends Increasing each year with underlying earnings growth 3 Debt pay down Target net debt to adjusted EBITDA less than 2.5x 4 Share repurc
Slide 13: Avient is a compelling investment thesis
Avient is a compelling investment thesis Copyright © 2025 . Avient Corporation. All Rights Reserved 13
Slide 14: Q1 2025 webcast
Q1 2025 webcast
Slide 15: Q1 2025 highlights
Q1 2025 highlights Q1 2025 Q1 2025 VS. Q1 2024 results ORGANIC FX AS REPORTED ► 4th consecutive quarter Sales $827M 1.8% (2.1%) (0.3%) Adj. EBITDA $145M 4.2% (3.1%) 1.1% ► Adj. EBITDA margin of 17.5% ► Adj. EPS of $0.76 in line with guidance Adj. EPS $0.76 4.1% (4.1%) 0.0% Copyright © 2025 . Avient
Slide 16: Q1 2025 organic revenue growth - by region
Q1 2025 organic revenue growth - by region US & Canada Europe, Middle Asia Latin America East & Africa (3%) +2% +9% +17% Year-over-year revenue growth, excludes the impact of foreign exchange Copyright © 2025 . Avient Corporation. All Rights Reserved 16
Slide 17: Playbook in current environment
Playbook in current environment 1. 1. Staying close to our customers to help them navigate the uncertain environment and execute their respective plans 2. 2. Using our “global reach with a local touch” model to win share and new business 3. 3. Sharpening focus on cost control & driving productivity
Slide 18: Color, Additives & Inks – Q1 2025 performance
Color, Additives & Inks – Q1 2025 performance Sales Adj. EBITDA • Sales growth led by resilient packaging demand across all 100 regions, which was partially 520 offset by weak transportation 515 97 sales EXCL. EXCL. FX FX • Higher sales, favorable mix, and cost improvements contributed to adjusted E
Slide 19: Specialty Engineered Materials – Q1 2025 performance
Specialty Engineered Materials – Q1 2025 performance Sales Adj. EBITDA • Flat sales (excl. FX) as strong growth in healthcare applications was offset by weak 314 73 transportation demand, as well 308 as lower defense sales on tough EXCL. 69 year over year comparisons EXCL. FX FX Flat • Unfavorable m
Slide 20: Global reach with a local touch
Global reach with a local touch Regional manufacturing capabilities Tariff exposure and supply chains help us serve our customers locally Sales exposure LESS THAN $100M ~3% Raw materials exposure LESS THAN $100M ~7.5% Copyright © 2025 . Avient Corporation. All Rights Reserved 20
Slide 21: 2025 guidance
2025 guidance
Slide 22: 2025 financial guidance unchanged
2025 financial guidance unchanged... ADJ. EBITDA - full year 2025 ADJ. EPS - full year 2025 ADJ. EPS – Q2 2025 $540 to 570M $2.70 to $2.94 $0.79 +4% to +10% growth excluding FX ACCELERATORS DECELERATORS ▲ U.S. consumer sentiment and GDP growth stays robust ▼ Global trade uncertainty / volatility ▲ C
Slide 23: S@AVIENT
oN S@AVIENT
Slide 24: Avient 2024 sales
Avient 2024 sales BUSINESS SEGMENTS END MARKETS REGIONS C AI Telecom Latin America Energy US & Canada Defense 63% 4% 3% Packaging 6% Asia 41% 7% 23% Healthcare 18% 8% 10% Building & construction 20% 10% Consumer 37% Transportation 15% 35% SEM Industrial Europe, Middle East and Africa Copyright © 202
Slide 25: Color, Additives & Inks
Color, Additives & Inks END MARKETS REGIONS Energy 1% Telecom 1% Latin America Transportation 8% 9% Healthcare 9% Packaging US & Canada 34% Asia 34% 20% Building & 11% Construction 15% 21% 37% Industrial Consumer Europe, Middle East and Africa Copyright © 2025 . Avient Corporation. All Rights Reserv
Slide 26: Specialty Engineered Materials
Specialty Engineered Materials END MARKETS REGIONS Packaging Telecom Asia Defense 4% 7% 13% Healthcare 20% 7% Energy 9% 54% US & Canada 17% 33% Europe, 9% Consumer Middle East Building & and Africa construction 13% 14% Transportation Industrial Copyright © 2025 . Avient Corporation. All Rights Reser
Slide 27: Avient 2024 regional sales, by end market
Avient 2024 regional sales, by end market U S & C AN AD A EMEA AS I A L AT I N AM E R I C A 41% of sales 35% of sales 18% of sales 6% of sales 2% 1% 1% 2% 2% 4% 5% 4% 6% 13% 10% 6% 10% 26% 9% 31% 7% 5% 5% 10% 22% 10% 10% 20% 61% 13% 13% 14% 13% 14% 26% 9% 16% Packaging Consumer Industrial Transporta
Slide 28: Raw material basket
Raw material basket Styrenic block copolymers Polypropylene Performance Nylon additives 4% 4% 16% 5% Polyethylene 9% 14% Pigments Other raw 9% materials TiO2 37% HYDROCARBON-BASED Dyestuffs ~35% of the raw material basket 2% including part of “Other raw materials” NON-HYDROCARBON are hydrocarbon-bas
Slide 29: Reconciliation of Non-GAAP financial measures
Reconciliation of Reconciliation to condensed consolidated statements of income Three months ended March 31, 2025 1 2024 1 Non-GAAP financial Net (loss) income attributable to Avient common shareholders $ Millions (20.2) EPS (in $) (0.22) $ Millions 49.4 EPS (in $) 0.54 measures Special items, after
Slide 30: Reconciliation of Non-GAAP financial measures
Three months ended March 31, Reconciliation of Reconciliation to EBITDA and Adjusted EBITDA 2025 $ Millions 2024 $ Millions Non-GAAP financial Sales Color, Additives and Inks Specialty Engineered Materials 519.7 308.4 515.3 314.4 measures Corporate Sales (1.5) 826.6 (0.7) 829.0 PAGE 2 OF 3 Operating
Slide 31: Reconciliation of Non-GAAP financial measures
Reconciliation of Reconciliation to condensed consolidated statements of income Three months ended March 31, 2023 $ Millions EPS (in $) 1 Non-GAAP financial Net income from continuing operations attributable to Avient common shareholders 20.8 0.23 measures Special items, after-tax Amortization expen