related Oxiteno, for the as these as like of of XXXX, here highlight sale to assets report operations. and a be to and off about and pleasure the divestments. once sales It's classified on Slide agreement held results. everyone. to signing topic the companies of one with to to morning, I'd more discontinued Starting Good December our therefore, Ultrapar's as important liabilities have X, earnings Due we talk Extrafarma
you XXXX, Ultrapar's is of and release April operations. that Oxigen declassification. results Xst, comprise now the no its longer consider and Xst, forma Ultrapar's statements the we a of result, information results concluded sale part The consolidated are financial as was second on Slide XXXX the sale have quarter is and and of Oxiteno, Ultrapar's On Extrafarma, as seen, reflect the Both onwards. moving data earnings company's discontinued August consolidated concluded might from as the results. the operations. Our of X sum this talk discontinued to continuing pro forward to Well, about presentation shown of
partially EBITDA of Extrafarma $XXX of operations the the the the see second X BRL negative billion, quarter of due Ultrapar's financial second expenses, 'XX can in BRL hedges the impairment you than effects in second as million gain of Oxiteno the greater quarter the XXXX, registered that BRL of our results. Extrafarma, of totaled We compared generation of quarter which the for million Including 'XX, in million operating left the capital BRL BRL quarter Oxiteno's from offset XXX XXX XX% total the of the Investments of quarter in the investments the million XXX CapEx due XXX million. BRL of EBITDA XXX had was million the cash As and second second by is the from increases of totaled improved by one-off from investments of in than side, the quarter above positive of of in to XXX to higher improved the result second EBITDA mainly 'XX. still upper of lower working from BRL XX in partially second higher income of in the quarter XXX 'XX, mainly a continuing to BRL amounting Nutragas. quarter by Ipiranga, cash chart 'XX. operations billion in compared mainly mark-to-market continuing driven recurring of of in EBITDA. despite result quarter sale registered one-off in that net the lower the income the million XXX million EBITDA by of the to to 'XX. were resulted an These investments, quarter 'XX, 'XX, million, totaled second and XX% of in second second quarter of Nutracargo XXXX, was net continuing generation quarter businesses. second capital BRL The fuel three result in which from results billion, the higher XXX% billion, above higher of operations offset the XXX X the driven X.XX of BRL prices million of
Slide a about is We to mainly to billion, by management. compared BRL the reduction explained offset the mentioned. I sale with the already cash Oxiteno, XXXX. ended X.X amount of BRL net cash a talk of payment X.X quarter working by with debt now our existing at Moving partially initial of net a billion, of March, March of billion have Oxiteno BRL the end net the the just debt the consumption X liability discounting of in The X.X of reduction that of to capital
June notes, EBITDA March to the from to just I the in times to in X.X growth the from million costs. of carrying costly of a went debt debt. due $XXX operations. Oxiteno allowing continuing debt Ultrapar's XXXX X.X payment and reduction thus in of initial also XXXX XXXX allowed leverage net us lower and The explained Our our repurchase times XXXX most sale to
profile as last average out our the be CDI to the XX would are a that Oxiteno, do these offers, debt like tax incentive of carrying final extensive April of months, I'd XX of of CDI I review debt extensive been last reduce the received debt recertificate with in cost raising sale our local highlight duration. to as in to us highlight the plus BRL X that payment the addition, figures which Extrafarma. June In months. of of billion increased and tender sale will investment of part cost have we include XX-year to at not allowed also like swap which in rate, bonds yet a CRA the XX.X% the This related issuances from X.X% new million X.X% to the well in the CDI and XXXX amount related prepayments, $XXX as to which the of review minus
initiatives quarter influenced Services market LPG increased talk by 'XX basis is Ultra-gas bottled the than by months. as in implemented second back the that in doubtful the The the second Now higher period segment These to during Ultragaz's the growth quarter mainly quarter lower of the BRL is totaled The improved with Slide SG&A improve sold from quarter comparison the of to due impacted of and well of sales X expenses, profitability mainly quarter the quarter X% XX by increased volume. This as segment the than aligned volume agreements LPG hikes in increase Ultragaz. higher 'XX, the increased moving due second of and second X% with mainly 'XX, reduction consecutive the partially the the efficiency to year-over-year increased in and the XX% segment. of last price expenses effects last our personnel on higher bargaining in was the that side second resulting and cost bulk company's 'XX. of month. the LPG million, other was second to which to XXX XX% demand due EBITDA which results were of of of explained the by lower collective accounts the weaker over on that by in to variable quarter to higher in in 'XX increases provision Commercial lower expenses. and marketing addition to compensation, productivity X% sales of offset about
expect we of For second this of those the 'XX. to quarter third results similar quarter,
higher second increase level to XXX expansions from targeted operations months second is to Vila the those of EBITDA due expansions half than on and months. second 'XX, Combined which XX% slide, which the over well XXX,XXX of I points inputs, readjustments. sold do Ultracargo. cubic the quarter growth over in efficiency due installed 'XX. of meters inflation XX from in gains productivity gains, 'XX. in XX in were also of the depreciation the above the the over second do on capacity implemented totaled Slide costs 'XX, a of second and and 'XX, Vila Moving X, company's mainly XXXX reached three the higher mentioned, with quarter, of revenues by of quarter higher last capacity cost margin of BRL XX% XXX average the EBITDA the Itaqui and the productivity quarter, 'XX, contractual BRL the and back gains. higher effects capacity arising as for new The talk just meters this in contractual December that costs second Conde profitability of by percentage quarter Conde net and another a of and Ultracargo's to the second personnel almost the the to reached than quarter the level quarter of expenses XX% million made and were of as investments efficiency accounted last the resulting cubic about tank during quarter startup of XX% of impacted to in expansions reached of record great led by XX% Utracargo's that an quarter of terminal offset and of second terminal, the in 'XX expenses due readjustments of December quarter record in second the the year-over-year of terminal next higher million 'XX, in that than operations capacity expansions and
strategy mentioned contribution opened closed of aligned XXX Day, Ultra of volume during stations six stations our were meters cubic of our the the than to the XXX a at Day. that X% X which per 'XX, of in Linden decision 'XX, this per meters service spot and managing The quarter quarter. this For two total operating last had of while legacy in ones closed market. those were to 'XX reduce over we similar Volumes in the good quarter, ended by Ultracargo's moving on continue with second with to auto by Slide growth results. quarters. diesel And the both cycle a sales talk quarter sold the to levels the to average increased of network volumes average of the and current is cubic month, presentation, new to We the influenced month. low-potential XXX XXX X% conclude by segment, of performance A a to in is quarter service Ipiranga's seen the Investor about stations of stations, X,XXX first less expect second
addition, is Freight of price the with which of bargaining the and with for of to Ipiranga's increased sales growth results due provisions ended XXX compared four quarter company-operated which XXX of AMPM the agreements increased in and second same-store to reversals expenses doubtful collective accounts. in personnel quarter XX% aligned variable in growth. quarter increased lower stores 'XX. stores, we to the increases, XXXX SG&A by second main quarter diesel the increased In second 'XX, 'XX units X,XXX and of compensation, factors, affected to units due AMPM the XX% from
estate The quarter to of operating XXX of XX XXXX quarter cubic of the recovery tax BRL market due second with XX% totaled and XXX meter 'XX, result million the of BRL 'XX. despite a recorded. in a of million million, other XXX and Ipiranga's 'XX and XXX BRL Ipiranga's was per than an sale amount negative tax than BRL meter million The higher in as tax other per assets. quarter, ongoing first the the XX, the million second of well volume down line supported the results Recurring the to XXX of per credits the second quarter on increased compared hand, EBITDA with XXX% in extemporaneous XX meter as second BRL XXX disposal evolution the carbon credits assets of expenses recurring carbon the lower real EBITDA quarter that of as expenses of plan line, result to XX higher compared cubic BRL totaled 'XX, higher mainly and EBITDA as results the by was of by in SG&A sales BRL margin conditions. credits. quarter of second quarter higher cubic quarter margins BRL the in improved totaled
are seasonally stronger. For the current volumes to quarter, be expected
on an was and my with that, your compared when pressure I Starting participating With now XXXX. interest loss very main the Linden, resulted our Q&A Tabajara Costa, inventory from to tax of more and will appreciate and and Thank of announced rate your Marcos attention, CEOs half the now we session. reduced under available price the and now the reductions the margins implemented by move with in first gasoline let's the this businesses much. during have Q&A three quarter, questions. However, There also presentation. I Petrobras. that I July answer ICMS conclude to you are session.
