Ultrapar announces its 1Q14 results - WDRB 41 Louisville News

Ultrapar announces its 1Q14 results

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SOURCE Ultrapar Participações S.A.

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)

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