| Market Capitalization (Millions $) |
84 |
| Shares
Outstanding (Millions) |
17 |
| Employees |
11,700 |
| Revenues (TTM) (Millions $) |
7,237 |
| Net Income (TTM) (Millions $) |
1,608 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Providing water and sewage services, the Companhia de Saneamento Basico do Estado de Sao Paulo (SABESP) is a public utility company responsible for providing clean water and treating sewage in the Brazilian state of Sao Paulo. Founded in 1973, its scope of operations covers 365 municipalities and 27 million people (as of 2021) and is considered one of the largest and most successful water companies in the world.
SABESP has established a series of principles, ethics, and values that guide its work. They employ over 18,000 people who are committed to providing excellent customer service and upholding the rights of the people they serve. They focus on sustainability, transparency, social responsibility, and innovation in their operations, ensuring that they provide clean water and sanitation services to their customers, while working towards the betterment of the environment and communities they serve.
SABESP's core functions include water supply, sewage collection, and treatment. The company operates through various divisions, including drinking water management, wastewater management, drainage management, and others. Each division has its own set of functions and responsibilities specifically designed to ensure quality service delivery. In addition, SABESP engages in research and development in the field of water supply and sanitation to ensure continuous innovation in their processes.
As a public utility company, SABESP offers affordable and equitable pricing, charged based on usage. Additionally, the company offers subsidies and special programs for low-income households, which includes a 50% invoice reduction for those who meet eligibility criteria.
Despite facing various challenges, such as climate change, population growth, and increasing demand for water and sanitation services, SABESP remains committed to providing high-quality services to the people of Sao Paulo. Over the years, the company has invested heavily in modernization and expansion of water and sanitation infrastructure, adopting customer-centric initiatives and embracing modern technologies such as big data, IoT, and cloud computing. By maintaining its standards of excellence and sustainability, SABESP is a prime example of a successful public utility that delivers vital services to its customers.
Company Address: Rua Costa Carvalho, 300 Zagreb 5429 City of Zagreb
Company Phone Number: 11 3388 8000 Stock Exchange / Ticker: NYSE SBS
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66.87 %