SABESP(US:SBS)2024-03-22 13:59Financial Performance - Sabesp's revenue increased by 16.1% in 2023[30] - Sabesp's revenue increased from R$17.192 billion in 2022 to R$19.968 billion in 2023, a R$2.776 billion increase[53] - Net income increased from R$3.121 billion in 2022 to R$3.524 billion in 2023[53] - EBITDA increased by 21.9%[43] - Revenue from sanitation services per billed volume increased from R$2.0 in 2022 to R$2.0 in 4Q23[44] Operational Performance - Total water volume billed increased by 4.3% in 4Q[48] - Total sewage volume billed increased by 4.9% in 4Q[65] - Water CAPEX invested R$ 2.7 billion in 2023[11] - Sewage CAPEX invested R$ 3.6 billion in 2023[11] Costs and Expenses - Costs and expenses decreased by 4.7% from R$3.431 billion in 4Q22 to R$3.271 billion in 4Q23[56] - Personnel expenses increased by 7.4%[79] - Municipal fees decreased by 46.2%[75] Indebtedness - Net Debt / Adjusted EBITDA is 1.7 in 4Q23[62]