Sabesp Announces 3Q18 Results

Date : 11/09/2018 @ 1:20AM
Source : PR Newswire (US)
Stock : Companhia de Saneamento Basico DO Estado de Sao Paulo - Sabesp American Depositary Shares (Each Repstg 250 ) (SBS)
Quote : 10.83  -0.05 (-0.46%) @ 9:02PM
Sabesp share price Chart

Sabesp Announces 3Q18 Results

Sabesp (NYSE:SBS)
Historical Stock Chart

3 Months : From Oct 2018 to Jan 2019

Click Here for more Sabesp Charts.

SÃO PAULO, Nov. 8, 2018 /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 costumers, announces today its 3Q18 results.

In 3Q18, the net operating revenue, which considers construction revenue, totaled R$3,810.8 million, an increase of 7.8% over the same period of the previous year.

Costs and expenses, which include construction costs, totaled R$2,719.2 million, a 13.0% increase when compared to the same period of 2017.

Adjusted EBIT, in the amount of R$1,092.1 million, decreased 3.5% compared to the R$1,131.8 million presented in 3Q17.

Adjusted EBITDA, in the amount of R$1,434.6 million, decreased 1.5% when compared to the R$1,456.3 million presented in 3Q17 (R$5,610.3 million in the last 12 months).

Adjusted EBITDA margin in 3Q18 was 37.6%, against 41.2% in 3Q17 (36.9% in the last 12 months).

Excluding the effects of revenue and construction costs, the adjusted EBITDA margin was 46.0% in 3Q18 (50.9% in 3Q17 and 45.3% in the last 12 months).

In 3Q18 the Company recorded a net income of R$565.2 million, compared to a net income of R$900.5 million in 3Q17.

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

IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 (
Angela Beatriz Airoldi: (55 11) 3388-8793 (

Cision View original content:


Copyright 2018 PR Newswire

Latest SBS Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20190119 04:00:53