SAO PAULO, March 28, 2014 /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 fiscal year 2013.
In 2013, net operating revenue reached R$
11.3 billion, a 5.4% growth compared to 2012.
Costs and expenses, including construction costs, increased
4.0%, from R$ 7.9 billion in 2012 to
R$ 8.2 billion in 2013.
EBIT grew 9.4%, from R$ 2.9
billion in 2012 to R$ 3.1
billion in 2013.
Adjusted EBITDA increased 11.1%, from R$
3.6 billion in 2012 to R$ 4.0
billion in 2013.
The adjusted EBITDA margin moved from 33.6% in 2012 to 35.4% in
2013. Excluding construction revenues and construction costs, the
adjusted EBITDA margin was 44.6% in 2013 (43.0% in 2012).
Net income grew 0.6%, from R$ 1.91
billion in 2012 to R$ 1.92
billion in 2013.
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