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Avient Corporation has achieved organic growth across all regions despite a choppy macro environment.
The ink manufacturer saw its full year sales increase by 3% to $3,240m and its fourth quarter sales increase by 7% to $747.
Dr Ashish Khandpur, president and chief executive officer, Avient Corporation, said: “Our goal was to generate organic sales growth with margin expansion, and we delivered both in 2024. By continuing to focus on our customers, our team achieved these results against a choppy macro environment.
“In addition, our 2024 safety performance represented the safest year in company history and evidenced that we’ll continue to build upon the many proven foundational strengths of Avient as we execute our new strategy.”
The team also delivered 5% organic sales growth in the fourth quarter with a backdrop of the US election, inflation fears, and a changing geopolitical climate, Dr Khandpur added.
Organic sales grew in all geographic regions with the US and Canada growing at 6%, EMEA at 1%, Asia at 7% and Latin America at 14%.
Jamie Beggs, senior vice president and chief financial officer, Avient Corporation, added: “As we begin 2025, we are poised to execute our strategy to deliver value for our shareholders by prioritising our portfolio, amplifying innovation, leveraging digital technologies and harnessing the collective strengths of our more than 9,000 global employees.”
