In this second quarter we initiated the process of integrating Texaco into Ultrapar, starting to consolidate its results and to implement Ipiranga's business model in the acquired network at a fast pace. We report growth in revenues and EBITDA for all our businesses compared with the second quarter 2008, despite the continuing challenging economic environment.
-- ULTRAPAR'S REVENUES REACH
-- ULTRAPAR'S EBITDA REACHES
-- FAST-PACED TEXACO INTEGRATION PROCESS - 651 TEXACO SERVICE STATIONS
CONVERTED TO THE IPIRANGA BRAND UNTIL
-- DIVIDEND DISTRIBUTION OF
"This quarter we have once more advanced in our growth plan. We have started to integrate Texaco's operations, focusing on capturing the benefits from the increased operational scale and nationwide coverage. Additionally, we are pleased to report, for the third straight quarter since the beginning of the global financial crisis, a strong growth in operational results, thus confirming once again our expectations of a positive year for Ultrapar, even in a less dynamic economic environment."
Pedro Wongtschowski - CEO Results Conference Call Brazilian Conference Call August 14th, 2009 10:00 a.m. (US EDT) Telephone for connection: +55 11 2101 4848 Code: Ultrapar International Conference Call August 14th, 2009 11:30 a.m. (US EDT) Participants Brazil: 0800 891 9722 Participants U.S.: +1 800 418 6854 Participants International: +1 973 200 3114 Code: Ultrapar
SOURCE Ultrapar Participacoes S.A.