Univar Solutions Announces Full Year 2019 Combined Guidance

Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a leading global chemical and ingredient solutions provider, today announced revised guidance for full year 2019 reflecting the completed acquisition of Nexeo Solutions, Inc. ("Nexeo"). "Completing the acquisition of Nexeo is a positive step forward as we redefine chemical and ingredient distribution and deliver superior growth for our partners, people and shareholders," said David Jukes, Univar Solutions president and chief executive officer.  "As Univar Solutions, we see even greater opportunities to drive efficiencies as we focus on our mission of streamlining, innovating and growing the new company." Full Year 2019 Guidance For the full year 2019, on a combined basis, Univar expects to earn $740 to $760 million in Adjusted EBITDA. This guidance reflects 10 months of earnings from the Nexeo Chemicals business and approximately $10 million in realized synergies. The Company expects to generate $300 to $350 million in free cash flow before one-time integration costs of approximately $70 million.