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SABESP Announces 3Q20 Results


PR Newswire | Nov 12, 2020 08:12PM EST

11/12 19:11 CST

SABESP Announces 3Q20 Results SAO PAULO, Nov. 12, 2020

SAO PAULO, Nov. 12, 2020 /PRNewswire/ -- Companhia de Saneamento Bsico do Estado de Sao 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 third quarter 2020 results.

The Company recorded net income of R$421.6 million in 3Q20, compared to net income of R$1,208.9 million in 3Q19, a decrease of R$787.3 million.

Adjusted EBITDA totaled R$1,513.6 million, a decrease of R$1,495.7 million over the R$3,009.3 million reported in 3Q19.

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)

View original content: http://www.prnewswire.com/news-releases/sabesp-announces-3q20-results-301172481.html

SOURCE Sabesp






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