Companhia de Saneamento Básico do Estado de São Paulo - SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. It supplies treated water and sewage services on a wholesale basis. Founded in 1954, Companhia de Saneamento Básico do Estado de São Paulo - SABESP is headquartered in São Paulo, Brazil.
What does Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) do?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP, commonly known as Sabesp, provides basic and environmental sanitation services in the state of São Paulo, Brazil. The company supplies treated water and sewage services on a wholesale basis to municipalities and other customers. Founded in 1954, Sabesp is one of the largest sanitation companies in the world by population served, operating primarily in the most populous state in Brazil. Its services include water treatment, distribution, sewage collection, and wastewater treatment, ensuring access to clean water and proper sanitation for millions of residents and businesses across the region.
Where is SABESP (SBS) listed and in which currency does it trade?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP is listed on the New York Stock Exchange (NYSE) under the ticker symbol SBS. The shares trade in US dollars (USD), making it accessible to international investors. Additionally, the company is also listed on the B3 (São Paulo Stock Exchange) under the ticker SBSP3, trading in Brazilian reais (BRL). The dual listing provides liquidity and exposure to both global and local markets.
What sector and industry does SABESP (SBS) belong to?
SABESP operates in the Utilities sector, specifically within the Regulated Water industry. As a regulated water utility, the company is subject to oversight by government agencies that set tariffs and service standards. This industry involves the provision of essential services such as water supply, sewage collection, and wastewater treatment. Being a regulated utility means Sabesp operates in a stable environment with predictable revenue streams, though its profitability is influenced by regulatory decisions and economic conditions in Brazil.
Where is SABESP headquartered and what markets does it serve?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP is headquartered in São Paulo, Brazil. The company serves the state of São Paulo, which is the most populous and economically significant state in Brazil. Its operations cover hundreds of municipalities, providing water and sewage services to millions of residents, as well as commercial and industrial customers. The company's focus on the São Paulo region makes it a key player in the country's infrastructure, supporting public health and economic development through reliable sanitation services.
How does SABESP (SBS) generate revenue?
SABESP generates revenue primarily through the wholesale supply of treated water and sewage services to municipalities and other customers in the state of São Paulo. The company charges fees based on the volume of water delivered and sewage collected, with tariffs regulated by the state government. Additionally, Sabesp may earn revenue from connection fees, special contracts, and other sanitation-related services. As a regulated utility, its pricing is designed to cover operational costs and provide a reasonable return, ensuring financial sustainability while maintaining affordable rates for consumers.