In 2019, net operating revenue, which considers construction revenue, totaled R$ 17,983.6 million, up 11.8% from 2018. Costs and expenses, which consider construction costs, totaled R$ 12,257.0 million, up 12.0% from 2018. Adjusted EBIT totaled R$ 5,730.3 million, up 11.3% from the R$ 5,148.0 million recorded in 2018.

Adjusted EBITDA totaled R$ 7,510.5 million, up 14.8% from the R$ 6,540.6 million recorded in 2018.The adjusted EBITDA margin reached 41.8% in 2019, versus 40.7% in 2018.

Excluding the effects of revenues and construction costs, adjusted EBITDA margin reached 49.5% in 2019, compared to 48.8% in 2018. In 2019, the Company recorded net income of R$ 3,367.5 million, versus net income of R$ 2,835.1 million in 2018.

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SABESP - Companhia de Saneamento Básico do Estado de São Paulo published this content on 27 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 March 2020 04:17:01 UTC