Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

SABESP Announces 4Q12 And 2012 Results



                    SABESP Announces 4Q12 And 2012 Results

PR Newswire

SAO PAULO, March 22, 2013

SAO PAULO, March 22, 2013 /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 in the number
of customers, announces today its results for the fourth quarter 2012 (4Q12)
and full year 2012.

In 2012, net operating revenue reached R$ 10.7 billion, an 8.2% growth
compared to 2011. Costs and expenses, including construction costs, in the
amount of R$ 7.9 billion grew 5.2% over 2011. EBIT grew 17.3%, from R$ 2.4
billion in 2011 to R$ 2.9 billion in 2012. Adjusted EBITDA increased 12.2%,
from R$ 3.2 billion in 2011 to R$ 3.6 billion in 2012. The adjusted EBITDA
margin was 33.6% in 2012 in comparison to 32.4% in 2011. Excluding
construction revenues and construction costs, the adjusted EBITDA margin was
43.0% in 2012 (41.1% in 2011).

Net income reached R$ 1.9 billion in 2012, 56.3% higher than in 2011.

Gross operating revenue from water supply and sewage collection grew from R$
8.3 billion in 2011 to R$ 8.9 billion in 2012, an increase of R$ 621.7 million
or 7.5%. The main factors that led to this variation were: the increase of
2.4% in water billed volume and of 3.2% in sewage billed volume, the Company's
total increase in billed volume was of 2.7%, and the tariff adjustment of
6.83% since September 2011 and of 5.15% since September 2012.

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

Conference call and Apimec Meeting – March 26, 2013

in English
10:00 am (US EST)
Dial-in access: 1(412) 317-6776
Conference ID: Sabesp

Apimec Meeting – Sao Paulo
2:00 pm (US EST)
Live videocast

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
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement