SAO PAULO, July 31, 2013 /PRNewswire/ -- Ultrapar Participacoes S.A. (BM&FBOVESPA: UGPA3 / NYSE: UGP), a company engaged in fuel distribution (Ultragaz/Ipiranga), specialty chemicals (Oxiteno) and storage for liquid bulk (Ultracargo), hereby reports its results for the second quarter of 2013.

We present one more quarter of positive earnings progression, reporting in 2Q13 the twenty-eighth consecutive quarter of EBITDA growth. During these seven years, we invested R$ 11 billion in the expansion of our service station and convenience store network, logistics infrastructure, production capacity, as well as acquisitions and modernization of our operations, investments that enabled this sustained growth.

  • VOLUMES, REVENUES AND EBITDA GROW IN ALL BUSINESSES
  • ULTRAPAR'S EBITDA REACHES R$ 706 MILLION IN 2Q13, 22% GROWTH OVER 2Q12
  • NET EARNINGS REACH R$ 284 MILLION, 21% GROWTH OVER 2Q12
  • ULTRAPAR IS ELECTED THE BEST CORPORATE GOVERNANCE IN THE IR MAGAZINE AWARDS BRAZIL 2013
  • DIVIDEND DISTRIBUTION OF R$ 354 MILLION APPROVED

"We are pleased to complete seven consecutive years of EBITDA growth, achieved through different economic cycles. This growth was enabled by investments in the strengthening and development of our businesses and by a corporate governance structure designed towards the alignment of interests and value creation. We also had the honor of being awarded by the IR Magazine Awards Brazil 2013 as the Best Corporate Governance in Brazil and the Best Investor Relations in the energy sector, awards that reinforce our enthusiasm to follow the path of development of good businesses and value creation."

Thilo Mannhardt – CEO

Results conference call
Brazilian conference call
August 2nd, 2013
10:00 a.m. (US EST)
São Paulo – SP
Telephone for connection: +55 11 2188 0155
Code: Ultrapar

International conference call
August 2nd, 2013
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$ 53,12/share (06/31/13)
UGP = US$ 23,94/ADR (06/31/13)

SOURCE Ultrapar Participacoes S.A.

Copyright 2013 PR Newswire

ULTRAPAR ON (BOV:UGPA3)
Historical Stock Chart
Von Okt 2024 bis Nov 2024 Click Here for more ULTRAPAR ON Charts.
ULTRAPAR ON (BOV:UGPA3)
Historical Stock Chart
Von Nov 2023 bis Nov 2024 Click Here for more ULTRAPAR ON Charts.