SAO PAULO, Nov. 9, 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 third quarter of 2016.
- ULTRAPAR'S NET REVENUES TOTAL R$ 19 BILLION IN 3Q16, A 1% GROWTH OVER 3Q15.
- ULTRAPAR'S EBITDA REACHES R$ 1 BILLION IN 3Q16, A 9% GROWTH OVER 3Q15.
- ULTRAPAR'S NET EARNINGS REACH R$ 380 MILLION IN 3Q16, A 27% GROWTH OVER 3Q15.
- IN OCTOBER, ULTRAPAR ISSUED US$ 750 MILLION OF 10-YEAR NOTES IN INTERNATIONAL MARKETS.
"The continued economic recession has brought us challenges, that we could successfully overcome and present quarterly earnings growth. Due to the resilient characteristics of our businesses and the adaptability and responsiveness of our teams, we can offer better and differentiated products and services that translate into value creation for our shareholders and stronger relationships with stakeholders. We also continued to execute our investment plan, which puts us in a differentiated position for the future recovery of the Brazilian economy. "
Results conference call
Brazilian conference call
November 11, 2016
9:30 a.m. (US EST)
Renaissance Hotel (Americas room)
Sao Paulo – SP
Telephone for connection: +55 11 2188 0155
International conference call
November 11, 2016
12:00 p.m. (US EST)
Participants in Brazil: 0800 891 0015
Participants in the USA: +1 844 836 8738
International participants: +1 412 317 5430
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SOURCE Ultrapar Participacoes S.A.