SAO PAULO, Nov. 14, 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 third quarter 2013.
In 3Q13, net operating revenue reached R$
2.8 billion, a 2.3% growth compared to 3Q12.
Costs and expenses, including construction costs, dropped 2.4%,
from R$ 2.0 billion in 3Q12 to
R$ 1.9 billion in 3Q13.
EBIT grew 15.5%, from R$ 721.8
million in 3Q12 to R$ 833.6
million in 3Q13.
Adjusted EBITDA increased 15.5%, from R$
902.0 million in 3Q12 to R$ 1,042.0
million in 3Q13.
The adjusted EBITDA margin moved from 33.3% in 3Q12 to 37.6% in
3Q13. Excluding construction revenues and construction costs, the
adjusted EBITDA margin was 46.4% in 3Q13 (42.4% in 3Q12).
Net income grew 31.3%, from R$ 361.8
million in 3Q12 to R$ 475.0
million in 3Q13.
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