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