• Ultrapar outlined a portfolio centered on Ipiranga, Ultragaz, Ultracargo, Iconic, and Hidrovias, positioning the holding as an active capital allocator.
• Recurring EBITDA for 2025 totaled BRL 6.2 billion; Ipiranga BRL 3.5 billion, Ultragaz BRL 1.8 billion, Ultracargo BRL 0.6 billion, Hidrovias BRL 1.1 billion.
• Hidrovias became a consolidated subsidiary from May 2025; its results shifted from equity-method accounting into consolidated EBITDA.
• Net debt to LTM EBITDA stood at 1.7x at March 2026; leverage target set at 1.5x to 2.0x.
• Planned 2026 capex totaled BRL 2.62 billion, including BRL 1.11 billion for expansion and BRL 1.51 billion for maintenance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ultrapar Holdings Inc. published the original content used to generate this news brief on May 25, 2026, and is solely responsible for the information contained therein.