Sabesp

SABESP'S Net Operating Revenue Grows 6.4% in 2008

Published in Health Business Week, April 17th, 2009

Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: SBS), one of the largest water and sewage service providers in the world based on the number of customers, announces its results for the 4Q08 and fiscal year 2008.

In 2008, net operating revenue totaled R$ 6.4 billion, a 6.4% increase compared to 2007. Costs and expenses, stood at R$ 4.1 billion, 6.2% higher than in the previous year. EBITDA grew 5.2%, from R$ 2.7 billion in 2007 to R$ 2.8 billion in 2008.

Earnings before financial expenses (EBIT) increased 6.7%, from R$ 2.1 billion in 2007 to R$ 2.2 billion in 2008.

In 2008, gross operating...

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Source: Health Business Week (2009-04-17)

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