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/PRNewswire/ Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), in compliance with Resolution 44 of the Brazilian.
/PRNewswire/ Companhia de Saneamento Básico do Estado de São Paulo - SABESP (B3: SBSP3; NYSE: SBS), one of the largest water and sewage services providers.
Sabesp Announces 1Q21 Results
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SÃO PAULO, May 13, 2021 /PRNewswire/
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (B3: SBSP3;NYSE: SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its
first quarter of 2021 results.
In 1Q21, net operating revenue, which considers construction revenue, totaled R$ 4,677.4 million, up 15.7% over 1Q20.
Costs and expenses, which consider construction costs, totaled R$ 3,591.2 million, up 17.9% over 1Q20.
Adjusted EBIT totaled R$ 1,094.3 million, up 9.4% over the R$ 1,000.3 million recorded in 1Q20.
Adjusted EBITDA, in the amount of R$ 1,636.4 million, increased by 10.3% over the R$ 1,483.8 million reported in 1Q20 (R$ 6,574.3 million in the last 12 months).