Avient delivered a second quarter that did three things at once: it lifted the full-year adjusted EPS guidance range by roughly 7% at the midpoint, it produced a record-high adjusted EBITDA margin of 18.3% in the consolidated business, and it marked the first quarter in which the year-ago comparison is no longer distorted by the $71.6M S/4HANA cloud-ERP impairment that the company took in Q1 2025. Sales of $917.0M rose 5.8% year-over-year (+4.3% on an organic basis, with 1.5% from currency), adjusted EBITDA expanded 12.9% to $168.2M, and adjusted EPS of $0.96 beat the $0.89 guidance by $0.07. The open question is whether the second half can hold a 4% organic growth pace while the adjusted EBITDA margin stays above 18% - because the guidance update implies roughly $590M of full-year adjusted EBITDA, a 110 basis point step-up versus 2025's $525M-equivalent run rate, and the second half needs to do the work after a Q2 that already pulled the run rate above the prior year.