Eduardo Munez's questions to Ultrapar Participacoes SA (UGP) leadership • Q2 2025
Question
Eduardo Munez from Santander asked about the gross profit impact of reducing draft discount exposure at Ipiranga and inquired about expected cost reduction initiatives at Hydrovias following its consolidation.
Answer
CFO Lesandro Pilaris clarified that the effect from the draft discount change was not relevant. CEO Rodrigo Pesinado explained that while Hydrovias is already undergoing improvements in management and cost reduction, specific details on its performance should be directed to the Hydrovias investor relations team, as Ultrapar's focus is on the controlling shareholder perspective.