AdvanSix Hosts Investor Day To Share Roadmap For Long-Term Value Creation

AdvanSix (NYSE: ASIX) announced it will host an Investor Day today to highlight the company’s strategies to deliver sustainable and robust shareholder returns. The update coincides with the company’s five-year anniversary as an independent public company, a milestone marked by significant value creation for its key stakeholders since the spin-off.

“It is remarkable how much our organization has achieved in the last five years. We are excited to speak with the investment community about our accomplishments to date as well as our priorities to drive forward performance and growth," said Erin Kane, president and CEO of AdvanSix. "We have executed against a focused strategy that has significantly improved the underlying earnings potential of our business and positioned the company for long-term success. Our integrated business model and the diversity of our product portfolio and end market exposure aligned to favorable demand trends underpins our success. Our ability to innovate through differentiated products, an unwavering commitment to sustainability, and enhancing our capital allocation strategy each support continued attractive shareholder returns. We are confident the best is yet to come for AdvanSix."

Company Initiating First Dividend

The company also announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share on the company’s common stock, payable on November 23, 2021 to stockholders of record as of the close of business on November 9, 2021.

"AdvanSix’s first cash dividend supports our commitment to an enhanced, disciplined and balanced capital deployment strategy and marks another significant step to create long-term value for our shareholders. The initiation of a quarterly dividend reflects confidence in our company’s financial strength and ability to generate strong and sustained free cash flow going forward,” added Kane.

3Q 2021 Outlook

As part of the conference, the company is sharing its outlook for expected 3Q 2021 financial results including:

• EBITDA of $65 to $70 million
• Diluted EPS of $1.23 to $1.36 per share

How to Participate in the Conference

The Investor Day presentation will be webcast live beginning at 9:00 a.m. ET today. The audio webcast as well as related presentation materials can be accessed at http://investors.advansix.com. A replay of the webcast will be available on the AdvanSix investor website following the presentation.

About AdvanSix

AdvanSix plays a critical role in global supply chains, innovating and delivering essential products for our customers in a wide variety of end markets and applications that touch people’s lives, such as building and construction, fertilizers, plastics, solvents, packaging, paints, coatings, adhesives and electronics. Our reliable and sustainable supply of quality products emerges from the vertically integrated value chain of our three U.S.-based manufacturing facilities. AdvanSix strives to deliver best-in-class customer experiences and differentiated products in the industries of nylon solutions, chemical intermediates, and plant nutrients, guided by our core values of Safety, Integrity, Accountability and Respect. More information on AdvanSix can be found at http://www.advansix.com.