SAO PAULO, Feb. 25, 2015 /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 fourth quarter and the year 2014.

Main highlights in 4Q14 and 2014:


    --  ULTRAPAR'S NET REVENUES TOTAL R$ 18 BILLION IN 4Q14 AND R$ 68 BILLION IN
        2014, 10% AND 11% INCREASE OVER 4Q13 AND 2013, RESPECTIVELY, WITH GROWTH
        IN ALL THE BUSINESSES.
    --  ULTRAPAR'S EBITDA REACHES R$ 916 MILLION IN 4Q14 AND R$ 3.2 BILLION IN
        2014, 10% AND 8% INCREASE OVER 4Q13 AND 2013, RESPECTIVELY.
    --  ULTRAPAR'S INVESTMENTS TOTALED R$ 2 BILLION IN 2014
    --  ULTRAPAR APPROVED AN ADDITIONAL DIVIDEND DISTRIBUTION OF R$ 389 MILLION,
        RESULTING IN A TOTAL DIVIDEND DISTRIBUTION OF R$ 779 MILLION IN 2014, 5%
        HIGHER THAN 2013.
    --  ULTRAPAR APPROVED A SHARE REPURCHASE PROGRAM OF UP TO 6,500,000 COMMON
        SHARES.

"We are very pleased that we closed 2014 with another quarter and year of positive results, exactly when we completed 15 years since our IPO. During this period, even passing through various economic conditions in Brazil and in the global economy, Ultrapar recorded an average annual growth of 20% in its EBITDA, 23% in net earnings and total shareholder return of 22% per year. The economic environment, which has been deteriorating over the last months, was not an easy one: economic slowdown, soaring interest rates, high inflation rates. Ultrapar's performance is a consequence of investments made to strengthen and expand the company, our focus in efficiency and productivity, the resilient nature of our businesses and the execution capability of our teams. These fundamentals, combined with our corporate governance designed to create value, allow visibility to continue this growth trajectory in 2015."

Thilo Mannhardt - CEO

Results conference call

Brazilian conference call
February 27(th), 2015
9:00 a.m. (US EST)
Sao Paulo - SP
Telephone for connection: +55 11 2188 0155
Code: Ultrapar

International conference call
February 27(th), 2015
10:30 a.m. (US EST)
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: invest@ultra.com.br
Telephone: + 55 11 3177 7014
Website: www.ultra.com.br

Ultrapar Participacoes S.A.
UGPA3 = R$ 51.45/share (12/31/14)
UGP = US$ 19.07/ADR (12/31/14)

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SOURCE Ultrapar Participações S.A.