Avient to Hold Webcast on February 9, 2021 to Review Fourth Quarter 2020 Results and 2021 Outlook

Rhea-AI Summary

Avient Corporation (NYSE: AVNT) will host a webcast on February 9, 2021, to discuss its fourth quarter 2020 results and provide growth projections for 2021. The company reports a strong finish to 2020, with demand conditions improving. The webcast will also focus on the successful integration of Clariant Masterbatch, which is ahead of schedule. Avient, with pro forma revenues of approximately $3.8 billion in 2020, specializes in sustainable material solutions, including barrier technologies and lightweighting solutions.

Positive

• Demand conditions are improving as the company enters 2021.
• Clariant Masterbatch integration is ahead of schedule, enhancing operational efficiency.
• Pro forma revenues for 2020 reached approximately $3.8 billion.

Negative

• None.

CLEVELAND, Jan. 28, 2021 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, will be hosting a webcast with a slide presentation as part of its previously announced earnings announcement scheduled for February 9, 2021.

"We had a very strong finish to the year and demand conditions continue to improve as we begin 2021," said Giuseppe Di Salvo, VP, Treasurer and Investor Relations, Avient Corporation. "In addition to communicating fourth quarter and full year 2020 performance, we will use the webcast to update investors and analysts on the Clariant Masterbatch integration and synergy capture, which is ahead of schedule, and introduce growth projections for 2021."

The webcast can be viewed live at 9:00 a.m. Eastern Time on Tuesday, February 9, 2021 at avient.com/investors, or by clicking here: https://edge.media-server.com/mmc/p/ko4y5g9z. 

To participate in the audio-only portion of the call, dial 1-844-835-7433 (domestic) or 1-914-495-8589 (international) and provide conference ID number 3293155, as previously announced. There will be a question and answer section following the company's presentation and prepared remarks.

About Avient

Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of approximately $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:

• Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials that require less plastic
• Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation
• Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses

Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®. For more information, visit www.avient.com.

To access Avient's news library online, please visit www.avient.com/news

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SOURCE Avient Corporation

FAQ

When is Avient's earnings announcement webcast scheduled?

The webcast is scheduled for February 9, 2021 at 9:00 a.m. Eastern Time.

What will be covered during Avient's February 9, 2021 webcast?

The webcast will cover fourth quarter and full year 2020 performance, integration updates on Clariant Masterbatch, and growth projections for 2021.

What were Avient's pro forma revenues for 2020?

Avient reported pro forma revenues of approximately $3.8 billion for 2020.