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SABESP Announces 2020 Results

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SAO PAULO, March 26, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo - SABESP (B3: SBSP3; NYSE: SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its fourth quarter and 2020 results.

In 2020, the Company recorded net income of R$ 973.3 million, compared to net income of R$ 3,367.5 million in 2019.

Adjusted EBITDA totaled R$ 6,421.8 million, down 14.5% from the R$ 7,510.5 million recorded in 2019.

The complete version of the release is available at the Company's website: ri.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)

 

Cision View original content:http://www.prnewswire.com/news-releases/sabesp-announces-2020-results-301256528.html

SOURCE Sabesp

Companhia de Saneamento Basico do Estado de Sao Paulo.

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Water Supply and Irrigation Systems
Utilities
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Utilities, Water Utilities, Water Supply and Irrigation Systems
Brazil
Sao Paulo

About SBS

Sabesp is a Brazilian water and waste management company owned by the state of São Paulo. It provides water and sewage services to residential, commercial and industrial users in São Paulo and in 363 of the 645 municipalities in São Paulo State, typically under 30-year concession contracts.