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Sales increased 42% to $1.235 billion and adjusted EPS increased 107% to $0.87, driven by very strong demand conditions in nearly all end markets.
August 2, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avient Corporation reported its second quarter results for 2021. Second quarter 2021 GAAP EPS from continuing operations was $0.74 compared to $0.25 in the prior year second quarter. The company cited robust demand across all end markets, particularly in consumer applications (up 67%) as revenue increased 42% to $1.235 billion. The revenue growth, coupled with expanding margins and synergy capture from the Clariant Masterbatch integration, led to a 107% increase in adjusted EPS to $0.87 versus ...
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