Message from the Management

“2023 was another year of important progress for the Ultra Group. Despite the volatility and uncertainties, our three main businesses, Ipiranga, Ultragaz and Ultracargo, achieved record results.”

Click here for more information about the Group’s performance, sustainability strategy and governance model.

Recurring Adjusted EBITDA
R$5.6 billion
(+41% versus 2022)

Net profit
R$2.5 billion
(+37% versus 2022)

Market value
R$30 billion
(+110% versus 2022)

1.7 million tons
of LPG sold and more than 41 thousand electricity customers
at Ultragaz Energia Inteligente.

15.7 million m3
handled and two new terminals in operation: Opla Advanced Logistics in Paulínia (SP) and Rondonópolis (MT).

23.1 million liters
of diesel, gasoline, ethanol, and other products sold and 5.9 thousand service stations throughout Brazil.

Eco-efficient Operations
Zero spills
and a reduction in the amount
of waste destined to landfill
(- 30 pp versus 2022).

Inclusive Culture
and Diversity
42% level of

gender equity in senior management
(+ 4 pp versus 2022).

Responsibility for the
Surrounding Communities
R$ 25 million

invested in own and
tax-incentive resources
projects (+ 21% versus 2022).

Sustainability connected to strategy

2023 was a significant year for the Ultra Group's sustainability journey. In March, we announced our ESG 2030 Plan to investors and other external stakeholders containing our ambitions and goals for each of our seven material sustainability topics.

Click here to access the Group’s ESG 2030 Plan and results for 2023.