Company: AVNT
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001122976-25-000053
Chunk: 3

Company: AVIENT CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 3
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 income:                                                                                                                                                           
  Color, Additives and Inks           $                       $           $                               4.9      $                     $                               5.0  
  Specialty Engineered Materials      40.2                    42.8        (2.6)                         (6.1)      87.3                  (8.9)                         (9.3)  
  Corporate                           (34.4)                  (56.4)      22.0                           39.0      (159.4)               (68.8)                       (75.9)  
  Total operating income              $                       $           $                              32.6      $                     $                            (41.9)  

15 AVIENT CORPORATION

Color, Additives and Inks

Sales decreased $3.4 million, or 0.6%, in the three months ended June 30, 2025 compared to the three months ended June 30, 2024. Favorable foreign currency impacts were 1.4%, while sales, excluding the impacts of foreign exchange, decreased 2.0%. The sales decrease was primarily within the consumer and transportation end markets, partially offset by sales increases within the healthcare end market.

Sales increased $1.0 million, or 0.1%, in the six months ended June 30, 2025 compared to the six months ended June 30, 2024. Unfavorable foreign currency impacts were 0.5%, while sales, excluding the impacts of foreign exchange, increased 0.6%. The sales increase was primarily within the packaging and healthcare end markets, partially offset by declines in the consumer and transportation end markets.

Operating income increased $4.2 million and $8.0 million for the three and six months ended June 30, 2025, respectively, primarily driven by improved mix and cost savings from productivity and restructuring actions.

Specialty Engineered Materials

Sales increased $21.6 million, or 7.0%, in the three months ended June 30, 2025 compared to the three months ended June 30, 2024. Favorable foreign currency impacts were 1.3%, while sales, excluding the impacts of foreign exchange, increased 5.7%. The sales increase was primarily within the defense and healthcare end markets, partially offset by declines in the consumer end market.

Sales increased $15.6 million, or 2.5%, in the six months ended June 30, 2025 compared