Companhia de Saneamento Básico do Estado de São Paulo - SABESP Q2 FY2021 earnings call

Key Points - Introduced Osvaldo Garcia as the new superintendent of financial and economic matters and investor relations. - Joined regulatory and finance areas under Marcel Sanches for better regulatory affairs. - Created a superintendency for new business and expansion in sanitation market. - Noted legislative advancements like Law 14,026 and State Law 17,383. - Achieved BRL 773 million in excellent results for Q2 2021. - Climatic and hydrologic situation under control with robust infrastructure. - Tariff adjustments in May with average 7% increase, with effects to be seen in future quarters.

In the second quarter of 2021, sanitation services revenue grew to BRL 3.9 billion from BRL 3.7 billion in the second quarter of 2020, a 6% increase. Total billed volume increased by 1.6% over the same period last year, with 0.7% growth in water and 2.7% in sewage. When excluding transitory effects, the increase rises to 7%. Revenue contribution from sanitation services is a key segment, with growth driven by authorized tariff readjustments.

Forward-looking Statements - Tariff adjustments' full impact will be seen in coming quarters. - Working on preparation of feasibility studies for regulatory framework by December 31, 2021. - Refinanced debt with BRL 1.2 billion debenture issuance on July 16, using proceeds to refinance maturing debt.

Risks - Some companies may have difficulties complying with regulatory framework deadlines by March 2022. - General economic conditions, industry conditions, and other operating factors may affect future results materially.

Q: Are there any questions?

A: It seems that there are no questions.