SAO PAULO, May 11, 2016 /PRNewswire/ -- Ultrapar
Participacoes S.A. (BM&FBOVESPA: UGPA3 / NYSE: UGP), a
multi-business company engaged in specialized distribution and
retail (Ipiranga / Ultragaz / Extrafarma), specialty chemicals
(Oxiteno) and storage for liquid bulk (Ultracargo), hereby reports
its results for the first quarter of 2016.
Main highlights in 1Q16:
- ULTRAPAR'S NET REVENUES TOTAL R$ 20
BILLION IN 1Q16, 12% GROWTH OVER 1Q15.
- ULTRAPAR'S EBITDA REACHES R$ 1.1
BILLION IN 1Q16, 7% GROWTH OVER 1Q15.
- ULTRAPAR'S NET EARNINGS REACH R$ 388
MILLION IN 1Q16, STABLE COMPARED TO 1Q15.
- INVESTMENT PLAN TOTALED R$ 292
MILLION IN 1Q16.
"Despite the continuity of the challenging macroeconomic
scenario, our focus in resilient businesses, our multi-business
strategy and our teams' planning and execution capability were key
for one more quarter of superior results. As such, we have been
able to maintain a consistent growth trajectory in Brazil's current situation. It requires clear
objectives, sense of opportunity and accountability in our
decisions. However, the challenges in the economic and political
horizon do not curb our confidence to continue investing and
strengthening our businesses in 2016."
Thilo Mannhardt – CEO
Results conference call
Brazilian conference call
May 12, 2016
10:00 a.m. (US EST)
Telephone for connection: +55 11 2188 0155
Code: Ultrapar
International conference call
May 12, 2016
11:30 p.m. (US EST)
Participants in Brazil: 0800 891
0015
Participants in the USA: +1 844
836 8738
International participants: +1 412 317 5430
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$ 69.79/share (03/31/16)
UGP = US$ 19.28/ADR (03/31/16)
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SOURCE Ultrapar Participacoes S.A.