Avient Announces Second Quarter 2025 Results

About this update from Avient Corporation

CLEVELAND , Aug. 1, 2025 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), an innovator of materials solutions, today announced its second quarter results for 2025. The company reported second quarter sales of $866.5 million , compared to $849.7 million in the prior year quarter. Second quarter GAAP earnings per share (EPS) were $0.57 compared to $0.36 in the prior year quarter. Second quarter 2025 GAAP EPS includes special items of $0.07 (see attachment 3), and $0.16 of intangible amortization expense (see attachment 1). Second quarter 2025 adjusted EPS were $0.80 compared to $0.76 in the prior year quarter, representing 5% adjusted EPS growth and includes a favorable impact of $0.01 attributable to foreign exchange. "On behalf of our entire Avient team, I'm pleased to report organic revenue growth for the fifth consecutive quarter driven by our focus on executing our strategy," said Dr. Ashish Khandpur , Chairman, President and Chief Executive Officer, Avient Corporation. "Our customer focus and strong operational performance ultimately helped us deliver adjusted EPS slightly ahead of our guidance, in spite of the uncertain macro-economic backdrop in several of our key markets." "Demand conditions were mixed across the end markets we serve, which continue to be impacted by uncertainty related to the evolving trade policy and inflation. Defense and healthcare demand remained resilient, growing double digits in the quarter, more than offsetting weak demand in consumer," added Dr. Khandpur. "On the bottom line, adjusted EBITDA margins expanded 30 basis points to 17.2%. These results were achieved by remaining focused on our customers and controlling what we can influence through increased productivity and cost discipline, while still prioritizing investments in our growth vectors aligned to our strategy." 2025 Outlook "Looking ahead to the second half of the year, we expect similar demand trends that we experienced in the first half," said Jamie Beggs , Senior Vice President and Chief Financial Officer, Avient Corporation. "We expect momentum from our high profit portfolios in defense and healthcare markets, along with disciplined cost controls and productivity initiatives, to contribute to continued margin expansion over the prior year." "Accordingly, we are narrowing our full year guidance range for adjusted EBITDA to $545 to $560 million and adjusted EPS to $2.77 to $2.87 ," added Ms. Beggs. "For the third quarter we expect adjusted EPS of $0.70 , which represents 8% growth over the prior year quarter largely driven by higher margins." "Furthermore, we are well on track to continue strengthening our balance sheet by reducing debt in total by $100 million to $200 million by year-end, having already repaid $50 million in the second quarter," she continued. Dr. Khandpur said, "We continue to monitor the evolving trade environment, collaborating with our customers and suppliers to implement mitigating actions where appropriate. We still expect minimal direct impact from tariffs as we primarily source raw materials and manufacture our products locally in the regions that we serve. We remain committed to executing our strategy to drive top line growth above our markets, while expanding margins on the bottom line." Webcast Details Avient will provide additional details on its 2025 second quarter and its 2025 full year outlook during its webcast scheduled for 8:00 a.m. Eastern Time on August 1, 2025 . The webcast can be viewed live at avient.com/investors , or by clicking on the webcast link here . Conference call participants in the question and answer session should pre-register using the link at avient.com/investors , or here , to receive the dial-in number and personal PIN. This information is required to access the conference call. The question-and-answer session will follow the company's presentation and prepared remarks. A recording of the webcast and the slide presentation will be available at avient.com/investors/events-presentations  immediately following the conference call and will be accessible for one year. Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures. The non-GAAP financial measures include organic performance (which excludes the impact of foreign exchange), adjusted EPS, adjusted operating income, adjusted EBITDA, adjusted EBITDA margins, free cash flow and adjusted free cash flow. Avient's chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources. The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as adjusted EPS and adjusted EBITDA, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items, and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, environmental remediation costs and associated recoveries, mark-to-market adjustments on pension and other post-retirement obligations, acquisition-related charges, and other non-routine costs. Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. To access Avient's news library online, please visit www.avient.com/news . About Avient Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other's ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit www.avient.com  to learn more. Forward-looking Statements In this press release, 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. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; disruptions or inefficiencies in our supply chain, logistics, or operations; changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change; fluctuations in raw material prices, quality and supply, and in energy prices and supply; demand for our products and services; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; our ability to service our indebtedness and restrictions on our current and future operations due to our indebtedness; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts, tariffs and any recessionary conditions. The above list of factors is not exhaustive. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. 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.                   View original content to download multimedia: https://www.prnewswire.com/news-releases/avient-announces-second-quarter-2025-results-302519544.html SOURCE Avient Corporation

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