|By PR Newswire||
|August 6, 2014 05:59 PM EDT||
SAO PAULO, Aug. 6, 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 second quarter of 2014.
Main highlights in 2Q14:
- ULTRAPAR'S NET REVENUES TOTAL R$ 17 BILLION IN 2Q14, 10% GROWTH OVER 2Q13
- ULTRAPAR'S EBITDA REACHES R$ 751 MILLION IN 2Q14, UP 6% OVER 2Q13
- NET EARNINGS REACH R$ 301 MILLION IN 2Q14, 6% GROWTH OVER 2Q13
- DIVIDEND DISTRIBUTION OF R$ 390 MILLION FOR 1H14 APPROVED
- ULTRAPAR IS RANKED FIRST IN "PREMIO DESTAQUE AGENCIA ESTADO" AS THE MOST ATTRACTIVE COMPANY FOR INVESTORS IN 2013, COMPLETING 4 CONSECUTIVE YEARS AMONG THE TOP 10
"We are pleased to announce another quarter of positive earnings progression, completing eight consecutive years of quarterly EBITDA growth, even in an increasingly challenging economic environment. Such growth is a consequence of the strategy implemented, consistent investments in the strengthening and expansion of our businesses and of a corporate governance structure designed towards alignment of interests, which allow for consistent performance throughout different economic cycles. We have also continued the integration process with Extrafarma and its structuring for a more accelerated growth."
Thilo Mannhardt – CEO
Results conference call
Brazilian conference call
August 8th, 2014
10:00 a.m. (US EST)
Telephone for connection: +55 11 2188 0155
International conference call
August 8th, 2014
11:30 a.m. (US EST)
Participants in the USA: +1 877 317 6776
Participants in Brazil: 0800 891 0015
International participants: +1 412 317 6776
Ultrapar Participacoes S.A.
UGPA3 = R$ 52.60/share (06/30/14)
UGP = US$ 23.60/ADR (06/30/14)
SOURCE Ultrapar Participações S.A.
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