Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Q4 Earnings Call Highlights

For full-year 2025, adjusted net revenue was BRL 22.2 billion, up 2.2% versus 2024. The company emphasized profitability improvements, with adjusted EBITDA reaching BRL 13.2 billion, a 17% year-over-year increase, and the adjusted EBITDA margin also at 60%.Reported net income in the fourth quarter was BRL 2.7 billion, up 87% year-over-year, which management attributed mainly to stronger EBITDA.Management also provided a bridge between reported and adjusted figures. The company excluded construction and fina ...