SAO PAULO, May 15, 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 first quarter of 2013.
In 1Q13, we completed one more quarter of positive earnings progression, with 23% and 29% growth in EBITDA and net earnings. In addition, Ultrapar received important international recognitions by Fortune Magazine and The European for the quality of its management.
- ULTRAPAR'S NET REVENUES TOTAL R$ 14 BILLION IN 1Q13, A 10% GROWTH OVER 1Q12
- ULTRAPAR'S EBITDA REACHES R$ 614 MILLION IN 1Q13, A 23% GROWTH OVER 1Q12, WITH GROWTH IN ALL THE BUSINESSES
- NET EARNINGS REACH R$ 247 MILLION IN 1Q13, A 29% GROWTH OVER 1Q12, WITH A NET MARGIN OF 1.8%
- ULTRAPAR WAS RANKED THE WORLD'S 4TH MOST ADMIRED ENERGY COMPANY BY FORTUNE MAGAZINE AND WAS ELECTED THE LATIN AMERICA'S BUSINESS GROUP OF THE YEAR BY THE EUROPEAN MAGAZINE
"We started 2013 as planned, continuing with the good results of the previous years and completing the twenty-seventh consecutive quarter of positive evolution in EBITDA. This sustained growth is a result of the strategy implemented and of the good businesses that we have, of the investments made for the continuous improvement of our businesses and of our focus on value creation. Additionally, we are proud to have been ranked once again at the beginning of this year as one of the world's most admired energy companies by Fortune Magazine's readers and elected the Latin America's business group of the year by The European magazine."
Thilo Mannhardt – CEO
Results conference call
Brazilian conference call
May 17th, 2013
10:00 a.m. (US ET)
Sao Paulo – SP
Telephone for connection: +55 11 2188 0155
Code: Ultrapar
International conference call
May 17th, 2013
11:30 a.m. (US ET)
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: [email protected]
Telephone: + 55 11 3177 7014
Website: www.ultra.com.br
Ultrapar Participacoes S.A.
UGPA3 = R$ 51.10/share (03/31/13)
UGP = US$ 25.38/ADR (03/31/13)
SOURCE Ultrapar Participacoes S.A.
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