Ultrapar Participações S.A. (NYSE:UGP) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET

Company Participants

Rodrigo Pizzinatto - Chief Financial Officer & Investor Relations Officer

Marcos Lutz - Chief Executive Officer

Leonardo Linden - Chief Executive Officer, Ipiranga

Conference Call Participants

Monique Greco - Itau BBA

Leonardo Marcondes - Bank of America

Thiago Duarte - BTG Pactual

Luiz Carvalho - UBS

Rodrigo Almeida - Santander

Bruno Montanari - Morgan Stanley

Operator

Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to Ultrapar's Quarter 3 2023 Earnings Conference Call. There is also a simultaneous webcast that may be accessed on Ultrapar's website at ri.ultra.com.br and MZiQ platform.

The presentation will be conducted by Mr. Rodrigo Pizzinatto, Ultrapar's Chief Financial Officer and Investor Relations Officer. And then for Q&A session, we'll have also have the presence of Mr. Marcos Lutz, Ultrapar's CEO and the CEOs of the respective businesses, Mr. Tabajara Bertelli, Mr. Décio Amaral and Leonardo Linden.

We would like to inform you that this event is being recorded and all participants will be in listen-only mode during the company's presentation. After Ultrapar's remarks, we will open the floor for questions and at that time, further instructions will be given. [Operator Instructions] We remind you that questions, which will be answered during the Q&A session, may be posted in advance in the webcast. And a replay of this call will also be available for seven days.

Before proceeding, let me mention that forward-looking statements made during this conference call under the safe harbor of the Securities Litigation Reform Act of 1996 are based on the beliefs and assumptions of Ultrapar management and on information currently available to the company. They forward-looking statements are no guarantee of performance. They involve risks, uncertainties and assumptions because they relate to future events, and therefore depend on circumstances that may or may not occur in the future. Investors should understand that general economic conditions, industry related conditions and other operating factors could also affect the future results of Ultrapar and could lead to results that differ materially from those expressed in such forward-looking statements.

Now, I'd like to turn the conference over to Mr. Rodrigo Pizzinatto. Mr. Pizzinatto, you may proceed.

Rodrigo Pizzinatto

Good morning everyone. It is a pleasure to be here once more to talk about Ultrapar's results. And starting on slide number two, I remind you that both the earnings release in this presentation consider Ultrapar's data from continuing operations in 2023. As for 2022, the company's data is presented in the pro forma view, considering the sum of continuing and discontinued operations, as disclosed throughout last year unless otherwise stated.