company AVNT - SteadyBase

steadybase-$ company AVNT

account_id none on file

legal_name Avient Corp

ticker AVNT

cik 1122976

domain avient.com

linkedin_company_url https://www.linkedin.com/company/avient-corporation/

entry_point_account_id none on file

name Avient Corporation

exchange NYSE

sector Industrials

hq Avon Lake, OH, United States

irhttps://www.avient.com/investors

sector index/company/sector/industrials/

calls 10 filings 30 executives 13 family 0

why_nownone on file

calls

Over the past two months, I have been traveling around the world, meeting with our employees, connecting with key customers, and touring our facilities.

May 7, 2024 / receipt, needs a key / Dr. Ashish Kemper, CEO | earnings call 2024-05-07 | transcript 39eb2dac-ae71-46a0-a9f1-582627505c33 | chars 2915-3067 | segment 3

Yeah. I mean, there was a connection there I think you were making between APM and color, and there really isn't one in terms of learning between the two, or if I misheard you, I apologize. But then with respect to, you know, the clarion synergies, I think there are more things that we can do from an operational perspective that we're giving consideration to. You know, recall that I think candidly putting these two businesses together during the pandemic really was a source of strength, and we were able to take share. Obviously, as we look at the current demand trends, there's an opportunity to, I think, do some more work from an operations perspective that we just candidly weren't able to do in the last couple of years. So it's not new plans. It's just finally, I think, getting to those plans is the best way I would describe that. And then on the discretionary spending side, we're in the process right now of trying to roll up a view of next year. You can imagine the challenges with doing that, but everyone's going to be very mindful of controlling headcount additions and just in general spending and travel and so on to be very prudent next year.

Nov 2, 2022 / receipt, needs a key / Bob, CEO | earnings call 2022-11-02 | transcript e0c1e73f-4fb2-4df0-816e-9d1ac591dffe | chars 27456-28620 | segment 27

We do expect some higher costs this year due to higher incentives, normal merit increases, and potentially higher travel costs.

Feb 9, 2021 / receipt, needs a key / Jamie, CFO | earnings call 2021-02-09 | transcript d92602ee-9ecf-4546-a8cc-3182f5e70716 | chars 13769-13896 | segment 14

Some feel a little bit like they're in a holding pattern because of what you just said, that we can't travel and really just feel like that's a necessary thing to do.

Feb 9, 2021 / receipt, needs a key / Angel Castillo, other | earnings call 2021-02-09 | transcript d92602ee-9ecf-4546-a8cc-3182f5e70716 | chars 25200-25366 | segment 25

We've got two that can only are just kind of on a back burner until we can find a time to travel.

Nov 3, 2020 / receipt, needs a key / Brad, CEO | earnings call 2020-11-03 | transcript 394232dc-fd64-4b9c-9d8b-6cbaf828ebb2 | chars 30729-30826 | segment 31

What I'd say about the M&A market right now is that, you know, there's some real challenges with looking at acquisitions outside the U.S. because, candidly, our leadership team here can't travel, and we like to see everything in person.

Nov 3, 2020 / receipt, needs a key / Brad, CEO | earnings call 2020-11-03 | transcript 394232dc-fd64-4b9c-9d8b-6cbaf828ebb2 | chars 30331-30567 | segment 31

But if I look year over year, I mean, travel and entertainment-related costs and what I would say are the typical trade shows that we would have attended or participated in, I mean, the net balance of that is probably about $5.5 million down in the second quarter versus what we spent in the prior year. Now, I don't expect that to actually come back in the third quarter. At some point in time, it will. But as the world tries to figure out what the new normal is, I'm sure we don't ever get back to the same level of travel, at least not in the foreseeable future.

Jul 22, 2020 / receipt, needs a key / Bob, CEO | earnings call 2020-07-22 | transcript 9a1e0054-00ea-4958-a276-010eef252156 | chars 21679-22245 | segment 22

You know, what I miss, of course, is the in-person contact, the time that I get to spend with our associates and customers in person. um and so i do hope that we can get back to some level of travel at some point because those in-person connections are so uh important um i think you know from a strategy standpoint look the pandemic has reinforced for us uh you know where we want to focus our time and attention from an end market and specialty products standpoint specialty products i think have performed better than, you know, commodities in many cases.

Jul 22, 2020 / receipt, needs a key / Bob, CEO | earnings call 2020-07-22 | transcript 9a1e0054-00ea-4958-a276-010eef252156 | chars 37057-37615 | segment 37

And then longer term, you know, obviously our performance will drive, you know, benefits and incentives, but I don't think we'll ever have the same level of, you know, travel and trade show related expenses. At least not in 2021.

Jul 22, 2020 / receipt, needs a key / Bob, CEO | earnings call 2020-07-22 | transcript 9a1e0054-00ea-4958-a276-010eef252156 | chars 39424-39653 | segment 39

Obviously, things like travel, we're just not traveling, and so those costs are going to be way down this year.

Apr 21, 2020 / receipt, needs a key / Brad, CFO | earnings call 2020-04-21 | transcript 9885cc99-dc2b-4649-b11e-0c091eff1b66 | chars 34158-34269 | segment 35

filings

Eliminate complexity of portfolios, go-to-market models and organization