Industry News, Ink Manufacturers News

Avient Announces 2Q 2020 Results

Sales were $609.1 million for 2Q 2020, down from $748.2 million in 2Q 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avient reported its second quarter results for 2020.   Sales were $609.1 million for 2Q 2020, down from $748.2 million in 2019’s second quarter. For the first half of 2020, sales were $1.32 billion down from $1.498 billion in 1H 2019.   Operating income for 2Q 2020 was $38 million, down from $46.1 million in 2Q 2019. First half operating income was $90.8 million, slightly down from $93.2 million in 1H 2019.   “The COVID-19 pandemic continues to have a significant impact on the ...

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