Ultrapar announced that it plans to invests BRL 1.484 billion (USD 628.6 million/EUR 461.2 million) in 2014. The company has earmarked BRL 366 million for investments of its fuel distributor Ipiranga to maintain the growth pace of the distribution network and of the franchises AM/PM and Jet Oil, mainly in the central-western, northeastern and northern regions of Brazil. Also, BRL 121 million will be invested in expansion of the logistics infrastructure and BRL 400 million will be spent on maintenance of the operations, especially on the renewal of contracts of the distribution network and upgrade of stations.
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5-day change | 1st Jan Change | ||
22.54 BRL | +0.62% |
|
-1.91% | -14.98% |
06-27 | Brazil's GPA sells Sao Paulo fuel stations to Ultrapar | RE |
06-10 | Brazilian fuel prices to rise due to new tax credit rules, energy lobby says | RE |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-14.98% | 4.53B | |
+5.40% | 57.47B | |
+39.06% | 10.27B | |
+0.31% | 4.5B | |
-11.16% | 3.11B | |
-4.49% | 1.37B | |
-5.47% | 1.11B | |
-21.70% | 748M | |
+38.43% | 724M | |
-5.97% | 626M |
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- Ultrapar to Invest USD 628.6 Million in the Year 2014