Avient Updates Third Quarter and Full Year 2022 Forecast
Completed acquisition of DSM's Protective Materials business (including the Dyneema® brand) on September 1st and announced the agreement to sell the Distribution segment on August 12th. The Distribution segment will be reported as discontinued operations. Adjusted EPS guidance reduced $0.30 for full year 2022 to reflect weaker demand conditions and unfavorable foreign exchangeCLEVELAND, Sept. 27, 2022 /PRNewswire/ -- Avient Corporation (NYSE:AVNT), a leading provider of specialized and sustainable solutions, announced an update to its third quarter and full year forecast to reflect the company's recent acquisition and divestiture activity and current demand outlook.
