Ultrapar announces its 1Q14 results
SAO PAULO, May 14, 2014
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:
oULTRAPAR'S NET REVENUES TOTAL R$ 16 BILLION IN 1Q14, A 17% GROWTH OVER
1Q13, WITH GROWTH IN ALL THE BUSINESSES.
oULTRAPAR'S EBITDA REACHES R$ 702 MILLION IN 1Q14, UP 14% OVER 1Q13.
oULTRAPAR WAS RANKED THE WORLD'S 2ND MOST ADMIRED COMPANY IN THE ENERGY
SECTOR BY FORTUNE MAGAZINE.
oEXTRAFARMA STARTS TO OPERATE AS ULTRAPAR'S BUSINESS UNIT, WITH THE PROCESS
OF INTEGRATION AND STRUCTURING FOR A MORE ACCELERATED GROWTH UNDER
"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
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
Telephone: + 55 11 3177 7014
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.
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