SAO PAULO, Aug. 13, 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 second quarter 2013.
In 2Q13, net operating revenue reached R$
2.8 billion, a 13.0% growth compared to 2Q12.
Costs and expenses, including construction costs, in the amount
of R$ 2.1 billion grew 12.4% over
2Q12.
EBIT grew 15.0%, from R$ 621.4
million in 2Q12 to R$ 714.7
million in 2Q13.
Adjusted EBITDA increased 14.2%, from R$
798.4 million in 2Q12 to R$ 911.4
million in 2Q13.
The adjusted EBITDA margin was 32.6% in 2Q13 in comparison to
32.3% in the same period of 2012. Excluding construction revenues
and construction costs, the adjusted EBITDA margin was 42.0% in
2Q13 (41.4% in 2Q12).
Net income totaled R$ 361.7
million in 2Q13, 23.5% higher than in 2Q12.
The complete version of the release is available at the
Company's website: 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