SAO PAULO, May 9, 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 first quarter 2013 (1Q13).
In 1Q13, net operating revenue reached R$
2.6 billion, a 2.6% growth compared to 1Q12.
Costs and expenses, including construction costs, in the amount
of R$ 1.9 billion grew 2.4% over
1Q12.
EBIT grew 3.5%, from R$ 701.7
million in 1Q12 to R$ 726.3
million in 1Q13.
Adjusted EBITDA increased 3.7%, from R$
888.2 million in 1Q12 to R$ 921.5
million in 1Q13.
The adjusted EBITDA margin was 34.8% in 1Q13 in comparison to
34.5% in 1Q12. Excluding construction revenues and construction
costs, the adjusted EBITDA margin was 42.4% in 1Q13 (43.3% in
1Q12).
Net income reached R$ 496.2
million in 1Q13, 0.9% higher than in 1Q12.
The complete version of the release is available at the
Company's website: www.sabesp.com.br
Conference call and Apimec Meeting – May 13, 2013
in English
10:00 am (US
EST)
Dial-in access: 1(412) 317-6776
Conference ID: Sabesp
Apimec Meeting – Sao
Paulo
1:00 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