Avient Corp

Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers, and silicone colorants. It operates through the following segments: Color, Additives and Inks, Specialty Engineered Materials, and Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, specialty inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The Distribution segment distributes engineering and commodity grade resins, including PolyOne-produced solutions, principally to the North American, Central American, and Asian markets. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.

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Avient Corp surpasses Q4 expectations, eyes sustainable growth in '23

Avient Corp delivered strong Q4 performance, exceeding guidance, with a focus on sustainable solutions, operational efficiency, and strategic investments for growth.
The company's resilience in managing pricing, adapting to deflationary environments, and exploring growth opportunities in healthcare and personal protection gear positions it well for the future.
While facing challenges in maintaining leverage, adjusting pricing, and potential capacity reductions, Avient remains optimistic about growth prospects and operational improvements.
With a solid financial outlook for 2023, Avient aims to drive profitability, enhance shareholder value, and capitalize on opportunities in sustainable solutions and high-demand markets.

Avient Corp surpasses Q1 expectations, focuses on sustainable growth

Avient Corp's Q1 2023 performance exceeded expectations, with strong margins and integration of Dyneema. While facing challenges in demand trends and cost reduction efforts, the company remains focused on growth opportunities in key markets. By leveraging its strengths in operational efficiency and strategic planning, Avient Corp aims to drive sustainable growth and innovation.

Avient Corp beats Q2 earnings, eyes sustainable growth opportunities

Avient Corp's Q2 performance exceeded expectations with strong EPS and revenue guidance for Q3. Challenges include weaker demand in Europe and pricing pressures for sustainable solutions. Opportunities lie in sustainable solutions, healthcare composites, and growth in high-growth regions.

Avient Corp exceeds Q3 EPS guidance amidst sector-specific challenges

Avient Corp's Q3 performance showed resilience with adjusted EPS exceeding guidance, despite challenges from lower sales and weaker demand in certain sectors.
The company's strengths lie in the integration of APM, lower raw material prices benefit, and a commitment to shareholder value through increased dividends.
While facing challenges from industry-specific demand fluctuations, Avient Corp sees opportunities in long-term growth drivers, positive sector outlooks, and potential sales increase post-destocking.

Avient Corp reports robust Q4 earnings and outlines growth strategy

Avient Corp's Q4 2023 earnings call highlighted strong financial performance, leadership transitions, and strategic focus on profitable growth. The company provided optimistic guidance for 2024, emphasizing core themes of organic growth, innovation, and investment in people. While facing challenges in certain sectors, Avient Corp remains well-positioned to capitalize on growth opportunities.

Avient Corp reports strong Q1 earnings, eyes margin expansion

Avient Corp's Q1 2024 performance reflects strong earnings growth driven by defense sales and margin expansion, with a focus on profitable organic growth.
The company's strategic initiatives aim to drive further margin expansion, offset challenges like geopolitical impacts and raw material cost inflation.
Opportunities in defense sales growth, margin expansion in key segments, and stabilizing telecom markets offer avenues for future growth and profitability.
Maintaining high-quality service, expanding margins, and strategic planning position Avient Corp for sustained success and value creation in the market.

Avient Corp reports strong Q2 earnings, boosts guidance for 2024

Avient Corp's Q2 2024 performance reflects overall growth, particularly in Healthcare, Packaging, and Consumer end markets.
Despite challenges in Telecommunication and Energy sectors, the company's strategic focus on Healthcare and adjusted guidance show resilience.
With plans for an Investor Day to share strategic outlook, Avient Corp is poised for continued growth and investor engagement.

Avient Corp reports robust Q3 earnings, focuses on growth strategies

Avient Corp's Q3 performance reflects strong financial results, exceeding expectations in sales, EBITDA, and EPS.
The company's strategic initiatives to streamline operations and drive sales growth position it well for future success.
Addressing challenges and capitalizing on opportunities will be critical for sustaining growth and maximizing shareholder value.

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Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers, and silicone colorants. It operates through the Color, Additives and Inks and Specialty Engineered Materials segments. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, specialty inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The firm's products include polymer distribution, screen printing inks, and thermoplastic elastomers. Its services include IQ design and color services. The company was founded on August 31, 2000 and is headquartered in Avon Lake, OH.

Eastman Chemical

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2 Deep Value Industrial Stocks Offering High Yields

Completed acquisition of DSM's Protective Materials business (including the Dyneema® brand) on September 1st and announced the agreement to sell the Distribution segment on August 12th. The Distribution segment will be reported as discontinued operations.

Avient Updates Third Quarter and Full Year 2022 Forecast

Avient has announced the sale of its distribution business, a deal which was in the making and has been well telegraphed. After a very strong first half of the year, the outlook for the remainder of the year implies some relative weakness.

Avient: Completing Its Transition

CLEVELAND , Sept. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has completed its purchase of the protective materials business of DSM (including the Dyneema® brand), which will now be called Avient Protective Materials and reported within the company's Specialty Engineered Materials segment.

Avient Completes Acquisition of DSM Protective Materials (Dyneema®)

Avient Corp. AVNT, -1.73% announced Friday a deal to sell its distribution business for $950 million in cash to an affiliate of private equity firm H.I.G. Capital. The polymer materials and liquid colorants company said it will use the after-tax proceeds, which are expected to be about $750 million, to pay down near-term maturing debt.

Avient to sell its distribution business for $950 million in cash, after 'competitive' sale process

CLEVELAND , Aug. 12, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading global provider of sustainable and specialized material solutions, today announced it has entered into a definitive agreement to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, subject to regulatory approval.

Avient Signs Agreement to Divest Distribution Business to H.I.G. Capital for $950 Million

Avient is on track to deliver 15% EPS growth for FY-2022. Management has targeted a safe payout ratio of 30% allowing for high single-digit/low double-digit dividend growth.

Avient: 4 Reasons Why It Belongs In Your Portfolio

CLEVELAND , July 28, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient"), a leading provider of specialized and sustainable solutions, today announced it has finalized the debt financing to fund its pending acquisition of DSM Protective Materials (including the Dyneema® brand) ("Dyneema"), which is expected to close on September 1, 2022.  The company has priced $725 million in aggregate principal amount of senior notes due 2030 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act").

Avient Announces Debt Financing to Fund Acquisition of DSM Protective Materials

CLEVELAND , July 27, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the pricing of its previously announced offering of $725 million in aggregate principal amount of senior notes due 2030 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The notes will bear interest at an annual rate of 7.125% and will be issued at a price of 100% of their principal amount.

Avient Announces Pricing of $725 Million 7.125% Senior Notes due 2030

Avient Corporation (NYSE:AVNT ) Q2 2022 Earnings Conference Call July 26, 2022 8:00 AM ET Company Participants Giuseppe Di Salvo - VP, Treasurer & IR Robert Patterson - Chairman, President & CEO Jamie Beggs - SVP & CFO Conference Call Participants Frank Mitsch - Fermium Research Michael Sison - Wells Fargo P.J. Juvekar - Citi Angel Castillo - Morgan Stanley Mike Harrison - Seaport Research Partners Laurence Alexander - Jefferies Benjamin Kallo - Baird Kristen Owen - Oppenheimer Vincent Anderson - Stifel Jaideep Pandya - On Field Research Operator Good morning, ladies and gentlemen, and welcome to the Avient Corporation's Webcast to discuss company's Second Quarter 2022 Results.

Avient Corporation (AVNT) CEO Robert Patterson on Q2 2022 Results - Earnings Call Transcript

CLEVELAND , July 26, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT) ("Avient") today announced the commencement of an offering of $725 million in aggregate principal amount of senior notes due 2030 (the "notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). Avient intends to use the net proceeds from the offering to finance a portion of the consideration for its pending acquisition from Koninklijke DSM N.V.

Avient Announces Commencement of $725 Million Senior Notes Offering

Avient (AVNT) delivered earnings and revenue surprises of 5.38% and 1.11%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Avient (AVNT) Beats Q2 Earnings and Revenue Estimates

Second quarter sales grew to $1.3 billion, a 5% increase over the prior year quarter, and an all-time quarterly record GAAP EPS increased 24% to $0.92 compared to $0.74 in the prior year quarter Adjusted EPS increased 13% to $0.98 compared to $0.87 in the prior year quarter, exceeding second quarter guidance of $0.92. Results driven by better than expected results in the Americas, more than offsetting extended COVID-19 lockdowns in Shanghai Third quarter adjusted EPS guidance of $0.80 introduced with full year adjusted EPS guidance of $3.50 maintained (without giving effect to any adjustments for the announced acquisition of DSM Protective Materials and potential sale of Distribution) Most recent Sustainability Report published, highlighting the company's progress on ESG initiatives focused on People, Products, Planet and Performance CLEVELAND , July 26, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable solutions, today announced its second quarter 2022 results.

Avient Announces Second Quarter 2022 Results

Avant Brands, Inc. (OTCQX:AVTBF) Q2 2022 Earnings Conference Call July 14, 2022 4:00 PM ET Company Participants Matthew Whitt - CFO Norton Singhavon - Founder, CEO & Director David Lynn - COO Conference Call Participants Operator Thank you for standing by. This is the conference operator.

Avant Brands, Inc. (AVTBF) CEO Norton Singhavon on Q2 2022 Results - Earnings Call Transcript

CLEVELAND , July 7, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its second quarter 2022 earnings before the market opens on Tuesday, July 26, 2022.  The company will then host a webcast with a slide presentation at 8:00 a.m.

Avient To Hold Second Quarter 2022 Conference Call

Avient (AVNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Avient (AVNT) Moves 6.1% Higher: Will This Strength Last?

AVNT is purchasing DSM Protective Materials which will be a major benefit to 2022 estimated earnings (estimated to close 2H-2022). Management used the Q1-2022 earnings report to remind investors that they have a great track record when it comes to meaningful acquisitions.

Avient: Major Upside From Improved Margins And Generous Dividend Growth

Let's see if Avient (AVNT) stock is a good choice for value-oriented investors right now from multiple angles.

Is Avient (AVNT) a Suitable Stock for Value Investors Now?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Avient (AVNT) have what it takes?

Are You Looking for a High-Growth Dividend Stock? Avient (AVNT) Could Be a Great Choice

Avient Corporation (NYSE:AVNT ) Q1 2022 Earnings Conference Call April 20, 2022 8:00 AM ET Company Participants Giuseppe Di Salvo - VP, Treasurer and IR Robert M. Patterson - Chairman, President and CEO Jamie A.

Avient Corporation (AVNT) CEO Bob Patterson on Q1 2022 Results - Earnings Call Transcript

Avient (AVNT) delivered earnings and revenue surprises of 4.21% and 2.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Avient (AVNT) Q1 Earnings and Revenues Surpass Estimates

First quarter sales grew to $1.3 billion, an 11% increase over the prior year GAAP EPS increased to $0.91 from $0.86 in the prior year first quarter Adjusted EPS increased 11% to $0.99 compared to $0.89 in the prior year first quarter, exceeding first quarter guidance of $0.95 Second quarter adjusted EPS guidance of $0.92 introduced with full year adjusted EPS expectation maintained at $3.50 (excluding the impact of the acquisition) Full year free cash flow now expected to approximate $285 million, an increase of $35 million from prior estimates CLEVELAND , April 20, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced its first quarter 2022 results.  The company delivered first quarter GAAP EPS of $0.91 compared to $0.86 in the prior year quarter.

Avient Announces First Quarter 2022 Results in Connection with Announcement to Acquire DSM Protective Materials (Dyneema®)

CLEVELAND, April 20, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today announced that it has entered into an agreement with Royal DSM ("DSM") to purchase the DSM Protective Materials business (including the Dyneema® brand) (the "Dyneema business"). The purchase price of $1.485 billion is subject to certain customary adjustments.

Avient Announces Agreement to Acquire DSM Protective Materials (Dyneema®) and Plans to Explore Sale of Distribution

CLEVELAND , April 14, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its first quarter 2022 earnings before the market opens on Wednesday, April 27, 2022.  The company will then host a webcast with a slide presentation at 8:00 a.m.

Avient To Hold First Quarter 2022 Conference Call

Avient (AVNT) benefits from higher demand for sustainable solutions, healthcare applications and composites technologies amid headwinds from raw material and supply-chain disruptions in Q4.

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