May 9, 2013
Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP
(BM&FBovespa: SBSP3; NYSE: SBS), one of the largest water and sewage services providers in the world based in the number of customers, announces today its results for the
quarter 2013 (1Q13).
In 1Q13, net operating revenue reached
R$ 2.6 billion
, a 2.6% growth compared to 1Q12.
Costs and expenses, including construction costs, in the amount of
R$ 1.9 billion
grew 2.4% over 1Q12.
EBIT grew 3.5%, from
R$ 701.7 million
in 1Q12 to
R$ 726.3 million
Adjusted EBITDA increased 3.7%, from
R$ 888.2 million
in 1Q12 to
R$ 921.5 million
The adjusted EBITDA margin was 34.8% in 1Q13 in comparison to 34.5% in 1Q12. Excluding construction revenues and construction costs, the adjusted EBITDA margin was 42.4% in 1Q13 (43.3% in 1Q12).
Net income reached
R$ 496.2 million
in 1Q13, 0.9% higher than in 1Q12.
The complete version of the release is available at the Company's website:
Conference call and Apimec Meeting – May 13, 2013
(US EST)Dial-in access: 1(412) 317-6776Conference ID: Sabesp
Apimec Meeting – Sao Paulo
(US EST)Live videocast
Live webcast at: www.sabesp.com.br
Mario Arruda Sampaio
: (55 11) 3388-8664 (
Angela Beatriz Airoldi
: (55 11) 3388-8793 (