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.
3Q16 Highlights
- 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. "
Thilo Mannhardt
CEO
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
Code: Ultrapar
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
Code: Ultrapar
IR Contact
E-mail: invest@ultra.com.br
Telephone: + 55 11 3177 7014
Website: www.ultra.com.br
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/ultrapar--earnings-release-3q16-300360125.html
SOURCE Ultrapar Participacoes S.A.