SAO PAULO, May 14, 2014 /PRNewswire/ -- Ultrapar
Participacoes S.A. (BM&FBOVESPA: UGPA3 / NYSE: UGP), a
multi-business company engaged in specialized distribution and
retail (Ultragaz / Ipiranga / Extrafarma), specialty chemicals
(Oxiteno) and storage for liquid bulk (Ultracargo), hereby reports
its results for the first quarter of 2014.
Main highlights in 1Q14:
- ULTRAPAR'S NET REVENUES TOTAL R$ 16
BILLION IN 1Q14, A 17% GROWTH OVER 1Q13, WITH GROWTH IN ALL
THE BUSINESSES.
- ULTRAPAR'S EBITDA REACHES R$ 702
MILLION IN 1Q14, UP 14% OVER 1Q13.
- ULTRAPAR WAS RANKED THE WORLD'S 2ND MOST ADMIRED COMPANY IN THE
ENERGY SECTOR BY FORTUNE MAGAZINE.
- EXTRAFARMA STARTS TO OPERATE AS ULTRAPAR'S BUSINESS UNIT, WITH
THE PROCESS OF INTEGRATION AND STRUCTURING FOR A MORE ACCELERATED
GROWTH UNDER IMPLEMENTATION.
"We started 2014 as planned, reporting another quarter of
earnings growth, continuing the trend seen in previous years. Such
growth, even in a more challenging economic environment, is the
result of consistent investments to strengthen and expand our
businesses, of our corporate governance and the unique combination
of Ultrapar's attributes, which allow for differentiation in our
operating segments and consistent performance. We also concluded
our association with Extrafarma on January
31, and have already completed several steps of the
transaction's business plan for its integration with Ultrapar and
to structure the company for a more accelerated growth."
Thilo Mannhardt – CEO
Results conference call
Brazilian conference call
May 16, 2014
10:00 a.m. (US EST)
Sao Paulo – SP
Telephone for connection: +55 11 2188 0155
Code: Ultrapar
International conference call
May 16, 2014
11:30 a.m. (US EST)
Participants in Brazil: 0800 891
0015
Participants in the USA: + 1 877
317 6776
International participants: +1 412 317 6776
Code: Ultrapar
IR Contact
E-mail: invest@ultra.com.br
Telephone: + 55 11 3177 7014
Website: www.ultra.com.br
Ultrapar Participacoes S.A.
UGPA3 = R$ 54.91/share (03/31/14)
UGP = US$ 24.09/ADR (03/31/14)
SOURCE Ultrapar Participações S.A.