New Risk • 16h
New major risk - Revenue and earnings growth Earnings have declined by 6.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 6.9% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Declared Dividend • Jul 20
First quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 11th September 2026 Payment date: 7th October 2026 Dividend yield will be 3.1%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 17
Avient Announces Quarterly Dividend, Payable on October 7, 2026 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per share on the common stock outstanding, to be paid on October 7, 2026, to stockholders of record on September 11,
2026. Aankondiging • Jul 07
Avient Corporation to Report Q2, 2026 Results on Aug 06, 2026 Avient Corporation announced that they will report Q2, 2026 results Pre-Market on Aug 06, 2026 Upcoming Dividend • Jun 11
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 18 June 2026. Payment date: 15 July 2026. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%). Declared Dividend • May 20
First quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 18th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 16
Avient Corporation Declares Quarterly Dividend, Payable on July 15, 2026 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per share on the common stock outstanding, to be paid on July 15, 2026, to stockholders of record on June 18, 2026. Aankondiging • Apr 30
Avient Corporation Announces Chief Financial Officer Changes, Effective June 1, 2026 Avient Corporation announced that Giuseppe (Joe) Di Salvo has been promoted and named Chief Financial Officer, effective June 1, 2026. He will succeed Jamie A. Beggs, who will be leaving Avient June 1, 2026 to pursue other opportunities. Mr. Di Salvo brings 25 years of financial experience, including nearly 15 years at Avient, with extensive experience in investor relations, accounting, financial planning and analysis, and treasury. Mr. Di Salvo served as Avient's Corporate Controller from 2013 to 2018 when he became Vice President, Investor Relations. In 2019, he expanded his responsibility to lead Treasury and Financial Planning and Analysis. Prior to these roles, he held financial positions of increasing responsibility at Avient. Joe began his career as a certified public accountant at Deloitte after graduating from The Ohio State University Fisher College of Business with a Bachelor of Science in Business Administration and Accounting. Aankondiging • Apr 29
Avient Corporation Announces Executive Changes, Effective June 1, 2026 Avient Corporation announced that Giuseppe (Joe) Di Salvo has been promoted and named Senior Vice President, effective June 1, 2026. Mr. Di Salvo brings 25 years of financial experience, including nearly 15 years at Avient, with extensive experience in investor relations, accounting, financial planning and analysis, and treasury. Mr. Di Salvo served as Avient's Corporate Controller from 2013 to 2018 when he became Vice President, Investor Relations. In 2019, he expanded his responsibility to lead Treasury and Financial Planning and Analysis. Prior to these roles, he held financial positions of increasing responsibility at Avient. Joe began his career as a certified public accountant at Deloitte after graduating from The Ohio State University Fisher College of Business with a Bachelor of Science in Business Administration and Accounting. He will succeed Jamie A. Beggs, who will be leaving Avient June 1, 2026 to pursue other opportunities. Aankondiging • Apr 01
Avient Corporation to Report Q1, 2026 Results on May 07, 2026 Avient Corporation announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Aankondiging • Mar 30
Avient Corporation, Annual General Meeting, May 14, 2026 Avient Corporation, Annual General Meeting, May 14, 2026. Aankondiging • Feb 17
Avient Corporation Declares Quarterly Cash Dividend, Payable on April 3, 2026 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per share on the common stock outstanding, to be paid on April 3, 2026, to stockholders of record on March 17, 2026. Aankondiging • Jan 07
Avient Corporation to Report Q4, 2025 Results on Feb 12, 2026 Avient Corporation announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 12, 2026 Aankondiging • Nov 05
Avient Corporation Provides Earnings Guidance for the Fourth Quarter 2025 Avient Corporation provided earnings guidance for the fourth quarter 2025. for the quarter, the company expects year over year sales performance to be slightly better than what the company experienced in the third quarter. Aankondiging • Oct 09
Avient Corporation Announces Quarterly Cash Dividend, Payable on January 7, 2026 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per share on the common stock outstanding, representing the fifteenth consecutive annual increase. The $0.275 per share will be paid on January 7, 2026, to stockholders of record on December 12, 2025. On an annualized basis, the dividend will increase from $1.08 to $1.10 per share on the common stock outstanding. Aankondiging • Oct 01
Avient Corporation to Report Q3, 2025 Results on Nov 05, 2025 Avient Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Aankondiging • Sep 25
Avient Corporation Announces Appointment of David N. Schneider as Senior Vice President and President of Specialty Engineered Material Avient Corporation announced that David N. Schneider has joined the company as Senior Vice President and President of Specialty Engineered Materials. Mr. Schneider succeeds Christopher L. Pederson who retired in June 2025 after serving seven years in the role. Mr. Schneider has over three decades of experience in specialty materials and businesses at 3M, serving customers in a wide range of industries, including semiconductors, automotive, electronics, healthcare, and industrial markets. He most recently served as Global Business Vice President for the Electronics Materials Solutions Division at 3M, where he was responsible for delivering growth and operational performance across a complex global portfolio. He began his career in process engineering and manufacturing roles, progressing into product management, business development, and P&L leadership roles. He also led M&A acquisition integration, synergy capture and overall value creation for a global business unit. Mr. Schneider holds a Bachelor of Science in Mechanical Engineering from North Dakota State University and is a certified Lean Six Sigma Black Belt. Aankondiging • Jul 11
Avient Corporation Declares Quarterly Cash Dividend, Payable on October 8, 2025 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-seven cents ($0.27) per share on the common stock outstanding, to be paid on October 8, 2025, to stockholders of record on September 12, 2025. Aankondiging • Jul 08
Avient Corporation to Report Q2, 2025 Results on Aug 01, 2025 Avient Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 01, 2025 Aankondiging • May 15
Avient Corporation Announces Quarterly Cash Dividend, Payable on July 9, 2025 The Board of Directors of Avient Corporation have declared a quarterly cash dividend of $0.27 per share on the common stock outstanding, to be paid on July 9, 2025, to stockholders of record on June 20, 2025. Aankondiging • Apr 03
Avient Corporation to Report Q1, 2025 Results on May 06, 2025 Avient Corporation announced that they will report Q1, 2025 results Pre-Market on May 06, 2025 Aankondiging • Mar 28
Avient Corporation, Annual General Meeting, May 14, 2025 Avient Corporation, Annual General Meeting, May 14, 2025. Aankondiging • Feb 11
Avient Corporation Announces Quarterly Cash Dividend, Payable on April 4, 2025 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of 27 cents ($0.27) per share on the common stock outstanding, to be paid on April 4, 2025, to stockholders of record on March 18, 2025. Aankondiging • Jan 15
Avient Corporation to Report Q4, 2024 Results on Feb 13, 2025 Avient Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 13, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.42 (vs US$0.056 in 3Q 2023) Third quarter 2024 results: EPS: US$0.42 (up from US$0.056 in 3Q 2023). Revenue: US$815.2m (up 8.2% from 3Q 2023). Net income: US$38.2m (up US$33.1m from 3Q 2023). Profit margin: 4.7% (up from 0.7% in 3Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • Oct 13
Dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 13th December 2024 Payment date: 8th January 2025 Dividend yield will be 2.3%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Oct 10
Avient Corporation Declares Quarterly Cash Dividend, Payable on January 8, 2025 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of 27 cents ($0.27) per share on the common stock outstanding, representing the fourteenth consecutive annual increase. The $0.27 per share will be paid on January 8, 2025, to stockholders of record on December 13, 2024. On an annualized basis, the dividend will increase approximately 5%, from $1.03 to $1.08 per share on the common stock outstanding. Aankondiging • Oct 04
Avient Corporation to Report Q3, 2024 Results on Oct 31, 2024 Avient Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024 Upcoming Dividend • Sep 06
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 09 October 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.2%). Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. President, CEO & Director Ashish Khandpur was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 10
Insider recently sold €339k worth of stock On the 7th of August, Joel Rathbun sold around 9k shares on-market at roughly €39.67 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €187k more than they sold in the last 12 months. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: US$0.37 (vs US$0.24 in 2Q 2023) Second quarter 2024 results: EPS: US$0.37 (up from US$0.24 in 2Q 2023). Revenue: US$849.7m (up 3.1% from 2Q 2023). Net income: US$33.6m (up 52% from 2Q 2023). Profit margin: 4.0% (up from 2.7% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Declared Dividend • Jul 15
First quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 13th September 2024 Payment date: 9th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (163% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 12
Avient Corporation Announces Quarterly Dividend, Payable on October 9, 2024 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-five and three-quarters cents ($0.2575) per share on the common stock outstanding, to be paid on October 9, 2024, to stockholders of record on September 13, 2024. Aankondiging • Jul 10
Avient Corporation to Report Q2, 2024 Results on Aug 06, 2024 Avient Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 06, 2024 Buy Or Sell Opportunity • Jul 10
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €38.80. The fair value is estimated to be €32.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 4.3% in a year. Earnings are forecast to grow by 60% in the next year. Upcoming Dividend • Jun 14
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 21 June 2024. Payment date: 10 July 2024. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.2%). Declared Dividend • May 20
First quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 21st June 2024 Payment date: 10th July 2024 Dividend yield will be 2.3%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (163% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 18
Avient Corporation Declares A Quarterly Cash Dividend, Payable on July 10, 2024 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of $0.2575 per share on the common stock outstanding, to be paid on July 10, 2024, to stockholders of record on June 21, 2024. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$0.54 (vs US$0.23 in 1Q 2023) First quarter 2024 results: EPS: US$0.54 (up from US$0.23 in 1Q 2023). Revenue: US$829.0m (down 2.0% from 1Q 2023). Net income: US$49.4m (up 138% from 1Q 2023). Profit margin: 6.0% (up from 2.5% in 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 04
Avient Corporation to Report Q1, 2024 Results on May 07, 2024 Avient Corporation announced that they will report Q1, 2024 results Pre-Market on May 07, 2024 Aankondiging • Mar 28
Avient Corporation, Annual General Meeting, May 16, 2024 Avient Corporation, Annual General Meeting, May 16, 2024, at 09:00 US Eastern Standard Time. Agenda: To consider election of twelve directors nominees to the company's Board of Directors; to consider approval, on an advisory basis, of named executive officer compensation; and to consider ratification of the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Upcoming Dividend • Mar 11
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 18 March 2024. Payment date: 05 April 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.7%). Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$0.83 (vs US$0.91 in FY 2022) Full year 2023 results: EPS: US$0.83 (down from US$0.91 in FY 2022). Revenue: US$3.14b (down 7.5% from FY 2022). Net income: US$75.8m (down 8.5% from FY 2022). Profit margin: 2.4% (in line with FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 16
Fourth quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 18th March 2024 Payment date: 5th April 2024 Dividend yield will be 2.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio) nor is it covered by cash flows (114% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 34% to bring the payout ratio under control. EPS is expected to grow by 85% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 15
Full year 2023 earnings released: EPS: US$0.83 (vs US$0.91 in FY 2022) Full year 2023 results: EPS: US$0.83 (down from US$0.91 in FY 2022). Revenue: US$3.14b (down 7.5% from FY 2022). Net income: US$75.8m (down 8.5% from FY 2022). Profit margin: 2.4% (in line with FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Feb 13
Avient Announces Quarterly Cash Quarterly Dividend, Payable on April 5, 2024 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-five and three-quarters cents ($0.2575) per share on the common stock outstanding, to be paid on April 5, 2024, to stockholders of record on March 19, 2024. Aankondiging • Jan 09
Avient Corporation to Report Q4, 2023 Results on Feb 14, 2024 Avient Corporation announced that they will report Q4, 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.26 per share at 2.9% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 05 January 2024. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.0%). Recent Insider Transactions • Nov 21
Chairman recently bought €771k worth of stock On the 17th of November, Robert Patterson bought around 24k shares on-market at roughly €31.73 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Aankondiging • Nov 03
Avient Corporation Provides Sales Guidance for the Full Year 2023 Avient Corporation provided sales guidance for the full year 2023. for the year, the company expects sales of $3.13 billion. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.056 (vs US$0.30 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.056 (up from US$0.30 loss in 3Q 2022). Revenue: US$753.7m (down 8.5% from 3Q 2022). Net income: US$5.10m (up US$32.5m from 3Q 2022). Profit margin: 0.7% (up from net loss in 3Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Oct 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €245k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Paying a dividend despite being loss-making. Significant insider selling over the past 3 months (€245k sold). Aankondiging • Oct 13
Avient Corporation Declares Quarterly Cash Dividend, Payable on January 5, 2024 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of $0.2575 per share on the common stock outstanding, representing the thirteenth consecutive annual increase. The $0.2575 per share will be paid on January 5, 2024, to stockholders of record on December 15, 2023. On an annualized basis, the dividend will increase from $0.99 to $1.03 per share on the common stock outstanding. Aankondiging • Oct 07
Avient Corporation to Report Q3, 2023 Results on Nov 02, 2023 Avient Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 02, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of US$0.25 per share at 2.5% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 06 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%). Aankondiging • Jul 28
Avient Corporation Maintains Earnings Guidance for the Year 2023 Avient Corporation maintained earnings guidance for the year 2023. The company maintaining guidance on lower estimated sales of $3.3 billion. Aankondiging • Jun 21
Avient Corporation to Report Q2, 2023 Results on Jul 27, 2023 Avient Corporation announced that they will report Q2, 2023 results Pre-Market on Jul 27, 2023 Upcoming Dividend • Jun 08
Upcoming dividend of US$0.25 per share at 2.4% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.9%). Aankondiging • May 12
Avient Corporation Announces Quarterly Dividend, Payable on July 7, 2023 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of $0.2475 per share on the common stock outstanding, to be paid on July 7, 2023, to stockholders of record on June 16, 2023. Aankondiging • May 04
Avient Corporation Provides Earnings Guidance for the Second Quarter and Full Year 2023 Avient Corporation provided earnings guidance for the Second Quarter and Full Year 2023. For the second quarter, the company expected sales of $845 million.For the full year, the company expected EPS of $2.40. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.23 (vs US$0.92 in 1Q 2022) First quarter 2023 results: EPS: US$0.23 (down from US$0.92 in 1Q 2022). Revenue: US$845.7m (down 35% from 1Q 2022). Net income: US$20.8m (down 75% from 1Q 2022). Profit margin: 2.5% (down from 6.5% in 1Q 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 06
Upcoming dividend of US$0.25 per share at 2.2% yield Eligible shareholders must have bought the stock before 13 March 2023. Payment date: 06 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.2%). Aankondiging • Feb 16
Avient Corporation Provides Earnings Guidance for the Fiscal Year 2023 Avient Corporation provided earnings guidance for the fiscal year 2023. for the year, the company expects full-year sales of $3.45 billion. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: US$0.91 (vs US$2.53 in FY 2021) Full year 2022 results: EPS: US$0.91 (down from US$2.53 in FY 2021). Revenue: US$3.40b (down 30% from FY 2021). Net income: US$83.4m (down 64% from FY 2021). Profit margin: 2.5% (down from 4.8% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 14
Avient Corporation Declares Quarterly Cash Dividend on the Common Stock Outstanding, Payable on April 6, 2023 The Board of Directors of Avient Corporation declared a quarterly cash dividend of $0.2475 per share on the common stock outstanding, to be paid on April 6, 2023, to stockholders of record on March 14, 2023. Aankondiging • Jan 07
Avient Corporation to Report Q4, 2022 Results on Feb 15, 2023 Avient Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 15, 2023 Upcoming Dividend • Dec 08
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 15 December 2022. Payment date: 06 January 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.6%). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €29.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Chemicals industry in Germany. Total returns to shareholders of 5.3% over the past three years. Reported Earnings • Nov 03
Third quarter 2022 earnings released: US$0.30 loss per share (vs US$0.58 profit in 3Q 2021) Third quarter 2022 results: US$0.30 loss per share (down from US$0.58 profit in 3Q 2021). Revenue: US$823.3m (down 33% from 3Q 2021). Net loss: US$27.4m (down 152% from profit in 3Q 2021). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 02
H.I.G. Capital, LLC completed the acquisition of Distribution Business of Avient Corporation (NYSE:AVNT). H.I.G. Capital, LLC entered into a definitive agreement to acquire the Distribution Business of Avient Corporation (NYSE:AVNT) for $950 million on August 11, 2022. Purchaser has secured committed financing, consisting of a combination of equity and debt financing. On April 20, 2022, the company announced it was exploring a sale of its Distribution business, in connection with announcing an agreement to acquire the Protective Materials business of DSM. The company recently completed that process. In accordance with US GAAP, the company expects the Distribution business will be classified as “held for sale”. Formerra is the fourteenth platform investment for HIG Capital. Distribution Business of Avient Corporation will operate as an independent entity and will be renamed Formerra. The closing of the Sale will be completed upon the receipt of regulatory approvals and the satisfaction or waiver of customary closing conditions. The Agreement does not contain financing conditions. Avient noted that after-tax proceeds of approximately $750 million from the sale will be used to pay down near-term maturing debt. Moelis & Company LLC and Goldman Sachs acted as financial advisors to Avient Corporation. James P. Dougherty and Benjamin L. Stulberg of Jones Day served as outside legal counsel to Avient. Piper Sandler & Co. acted as financial advisor and Ropes & Gray LLP acted as legal advisor to H.I.G. Capital.
H.I.G. Capital, LLC completed the acquisition of Distribution Business of Avient Corporation (NYSE:AVNT) on November 1, 2022. Aankondiging • Oct 14
Avient Corporation Declares Quarterly Cash Dividend, Payable on January 6, 2023 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of $0.2475 per share on the common stock outstanding, representing the twelfth consecutive annual increase. The $0.2475 per share will be paid on January 6, 2023, to stockholders of record on December 16, 2022. On an annualized basis, the dividend will increase from $0.95 to $0.99 per share on the common stock outstanding. Aankondiging • Oct 12
Avient Corporation to Report Q3, 2022 Results on Nov 02, 2022 Avient Corporation announced that they will report Q3, 2022 results Pre-Market on Nov 02, 2022 Upcoming Dividend • Sep 08
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.9%). Aankondiging • Aug 13
H.I.G. Capital, LLC entered into a definitive agreement to acquire the Distribution Business of Avient Corporation (NYSE:AVNT) for $950 million. H.I.G. Capital, LLC entered into a definitive agreement to acquire the Distribution Business of Avient Corporation (NYSE:AVNT) for $950 million on August 11, 2022. Purchaser has secured committed financing, consisting of a combination of equity and debt financing. On April 20, 2022, the company announced it was exploring a sale of its Distribution business, in connection with announcing an agreement to acquire the Protective Materials business of DSM. The company recently completed that process. In accordance with US GAAP, the company expects the Distribution business will be classified as “held for sale”. The closing of the Sale will be completed upon the receipt of regulatory approvals and the satisfaction or waiver of customary closing conditions. The Agreement does not contain financing conditions. Avient noted that after-tax proceeds of approximately $750 million from the sale will be used to pay down near-term maturing debt. Moelis & Company LLC and Goldman Sachs acted as financial advisors to Avient Corporation. Jones Day served as outside legal counsel to Avient. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$0.93 (vs US$0.75 in 2Q 2021) Second quarter 2022 results: EPS: US$0.93 (up from US$0.75 in 2Q 2021). Revenue: US$1.30b (up 5.4% from 2Q 2021). Net income: US$84.7m (up 23% from 2Q 2021). Profit margin: 6.5% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.1%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 14
Avient Corporation Declares Quarterly Cash Dividend, Payable on October 6, 2022 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-three and three-quarters cents ($0.2375) per share on the common stock outstanding, to be paid on October 6, 2022 to stockholders of record on September 16, 2022. Aankondiging • Jul 08
Avient Corporation to Report Q2, 2022 Results on Jul 26, 2022 Avient Corporation announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Jul 26, 2022 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €37.80, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 56% over the past three years. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%). Aankondiging • May 13
The Board of Directors of Avient Corporation Declares Quarterly Cash Dividend on the Common Stock Outstanding, Payable on July 7, 2022 The Board of Directors of Avient Corporation declared a quarterly cash dividend of $0.2375 per share on the common stock outstanding, to be paid on July 7, 2022 to stockholders of record on June 17, 2022. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$0.92 (vs US$0.87 in 1Q 2021) First quarter 2022 results: EPS: US$0.92 (up from US$0.87 in 1Q 2021). Revenue: US$1.29b (up 11% from 1Q 2021). Net income: US$84.2m (up 6.2% from 1Q 2021). Profit margin: 6.5% (down from 6.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.0%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 21
First quarter 2022 earnings released: EPS: US$0.92 (vs US$0.87 in 1Q 2021) First quarter 2022 results: EPS: US$0.92 (up from US$0.87 in 1Q 2021). Revenue: US$1.29b (up 11% from 1Q 2021). Net income: US$84.2m (up 6.2% from 1Q 2021). Profit margin: 6.5% (down from 6.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 15
Avient Corporation to Report Q1, 2022 Results on Apr 27, 2022 Avient Corporation announced that they will report Q1, 2022 results Pre-Market on Apr 27, 2022 Aankondiging • Mar 31
Avient Corporation, Annual General Meeting, May 12, 2022 Avient Corporation, Annual General Meeting, May 12, 2022, at 09:00 US Eastern Standard Time. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 14 March 2022. Payment date: 07 April 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.5%). Lower than average of industry peers (4.6%). Aankondiging • Feb 15
Avient Corporation Declares Quarterly Cash Dividend, Payable on April 7, 2022 The Board of Directors of Avient Corporation has declared a quarterly cash dividend of twenty-three and three-quarters cents ($0.2375) per share on the common stock outstanding, to be paid on April 7, 2022 to stockholders of record on March 15, 2022. Reported Earnings • Feb 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$2.53 (up from US$1.47 in FY 2020). Revenue: US$4.82b (up 49% from FY 2020). Net income: US$230.8m (up 75% from FY 2020). Profit margin: 4.8% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 6.2%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 09
Avient Corporation Initiates Earnings Guidance for the Year 2022 Avient Corporation Initiated earnings guidance for the year 2022. The company initiated 2022 guidance of $5.1 billion in sales. Upcoming Dividend • Dec 09
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 16 December 2021. Payment date: 07 January 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.7%). Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS US$0.58 (vs US$0.019 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.22b (up 32% from 3Q 2020). Net income: US$52.9m (up US$51.2m from 3Q 2020). Profit margin: 4.3% (up from 0.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 09
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 07 October 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.6%). Aankondiging • Jul 02
Avient Corporation (NYSE:AVNT) acquired Magna Colours Limited for $48 million. Avient Corporation (NYSE:AVNT) acquired Magna Colours Limited for $48 million on July 1, 2021. Post completion, The MagnaColours® materials will join Avient's existing specialty inks portfolio, alongside prominent brands such as Wilflex® and Rutland®.
Avient Corporation (NYSE:AVNT) completed the acquisition of Magna Colours Limited for $48 million on July 1, 2021. Aankondiging • Jun 28
Avient Corporation(NYSE:AVNT) dropped from Russell 2000 Dynamic Index Avient Corporation(NYSE:AVNT) dropped from Russell 2000 Dynamic Index 
