SABESP Announces 3Q12 Results

                        SABESP Announces 3Q12 Results

PR Newswire

SAO PAULO, Nov. 14, 2012

SAO PAULO, Nov. 14, 2012 /PRNewswire/ -- 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 on the number
of customers, announces today its results for the third quarter 2012 (3Q12).

In 3Q12, net operating revenue reached R$ 2.7 billion, a 4.6% growth compared
to 3Q11. Costs and expenses, including construction costs, in the amount of R$
2.0 billion grew 2.3% over 3Q11. EBIT grew 11.7%, from R$ 646.0 million in
3Q11 to R$ 721.8 million in 3Q12. EBITDA increased 10.8%, from R$ 814.2
million in 3Q11 to R$ 902.0 million in 3Q12. The EBITDA margin was 33.3% in
3Q12 in comparison to 31.4% in the same period of the previous year. Excluding
construction revenues and construction costs, the EBITDA margin was 42.4% in
3Q12 (41.6% in 3Q11).

Gross operating revenue from water supply and sewage collection grew from R$
2.1 billion in 3Q11 to R$ 2.3 million in 3Q12, an increase of R$ 194.8 million
or 9.4%. The main factors for this result were the tariff adjustment of 6.83%
in 2011 and the increase of 3.2% in total billed volume.

The complete version of the release is available at the Company's website:
www.sabesp.com.br

Conference call – November 21, 2012

in English
11:00 am (US EST)
Dial-in access: 1(412) 317-6776
Conference ID: Sabesp

in Portuguese
8:00 am (US EST)
Dial-in access: 55 (11) 3127-4971
Conference ID: Sabesp

Live webcast at: www.sabesp.com.br

IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi: (55 11) 3388-8793 (abairoldi@sabesp.com.br)

SOURCE SABESP

Website: http://www.sabesp.com.br
 
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