Ultrapar Participacoes ( (UGP) ) has released its Q4 earnings. Here is a breakdown of the information Ultrapar Participacoes presented to its investors.
Ultrapar Participações S.A. is a Brazilian company operating in the energy, mobility, and logistics infrastructure sectors through its subsidiaries Ultragaz, Ipiranga, Ultracargo, and Hidrovias do Brasil. The company is listed on the B3 and NYSE stock exchanges.
In the fourth quarter of 2024, Ultrapar reported net revenue of R$ 35.4 billion, with a net income of R$ 881 million. The company continued to show strong operational results across its main businesses, despite challenges in the fuel market. Ultrapar also announced a dividend distribution and a share buyback program, along with a significant investment in Hidrovias do Brasil.
Key financial highlights include a recurring adjusted EBITDA of R$ 1.3 billion for the quarter, and R$ 5.4 billion for the year, reflecting a slight decrease compared to the previous year. The company also reported a net debt of R$ 7.8 billion at the end of 2024. Strategic initiatives included a partnership for an LPG terminal and a substantial investment plan for 2025 aimed at expanding its core businesses.
Looking ahead, Ultrapar remains focused on growth and value creation, with an investment plan of R$ 2.5 billion for 2025. The company is prepared to navigate the challenging global environment with a strong leadership team and a commitment to sustainability and governance.