Valvoline Inc. IPO Info
Company Name: Valvoline Inc.
Stock Symbol: VVV
Exchange: NYSE
Status: Priced
IPO Date: 9/23/2016
IPO Price:
22.00 (
-2.27%)
Underwriters
BofA Merrill Lynch, Citigroup, Morgan Stanley
Amount of Offering: N/A
Number of Shares Offered: 30 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Valvoline is one of the most recognized and respected premium consumer brands in the global automotive lubricant industry, known for our high quality products and superior levels of service.
Financial Data
Financial commentary: "In fiscal 2015, we generated approximately $2.0 billion in sales, $422 million in Adjusted EBITDA and $196 million in net income. During the same period, our Adjusted EBITDA margin, which we define as Adjusted EBITDA as a percentage of sales, was 21.5%. In addition, we generated free cash flow of $285 million and cash flows provided by operating activities of $330 million during fiscal 2015."
SEC Filings
News Headlines
