Companhia de Saneamento Básico do Estado de São Paulo (SABESP) filed its quarterly financial results for the period ended June 30, 2026. The company reported consolidated net revenue of R$10.2 billion and a net profit attributable to controlling shareholders of R$1.45 billion for the second quarter. Adjusted earnings per share declined to R$0.33 from R$0.57 in the prior year period, driven by higher funding costs, inflationary pressures on treatment supplies, and increased customer service investments. Capital expenditures totaled R$3.7 billion in the quarter, bringing the first-half total to R$7.5 billion. The filing also details business combinations, including the acquisition of EMAE and Águas de Castilho S.A., and notes a 1-for-5 stock split approved on April 28, 2026. SABESP operates in the basic sanitation sector, providing water supply and sewage services in São Paulo State.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP reported second-quarter 2026 adjusted earnings per share of R$0.33, down from R$0.57 in the prior year period. Adjusted EBITDA declined 3.2% to R$3,503 million, while adjusted net income fell 41.2% to R$1,150 million due to higher funding costs, inflationary pressures on treatment supplies, and a favorable legal comparison base from the previous year. The company invested R$3.7 billion in capital expenditures during the quarter, bringing first-half spending to R$7.5 billion as it pursues universal access goals. Net debt increased to R$34 billion from R$23 billion a year ago. SABESP operates in the basic sanitation and water utility industry.

SABESP shareholders approved the merger of all EMAE shares not held by SABESP into SABESP via a share exchange, contingent on EMAE shareholder approval. This regulatory delay was imposed by Brazil's CVM for 30 days after EMAE provides additional required information. The company operates in the water and sanitation industry.

Sabesp and EMAE have executed a Protocol and Justification for a merger where EMAE will become a wholly owned subsidiary of Sabesp. EMAE shareholders (excluding Sabesp) will receive 1.3195 Sabesp common shares for each EMAE share held. The merger is subject to approval at Extraordinary Shareholders' Meetings for both companies on July 30, 2026, with estimated total costs of BRL 4.45 million. Dissenting EMAE shareholders may exercise withdrawal rights at approximately BRL 16.79 per share. Sabesp operates in the basic sanitation industry in the State of São Paulo, Brazil.

Sabesp announced organizational changes to its Executive Board on June 15, 2026. Claudio Kawa Hermolin has been appointed to lead the newly established Customer Experience Directorate. Débora Pierini Longo is transitioning from Director of Operations and Maintenance to lead the Integrated Operations Center (IOC) project implementation. Additionally, Roberval Tavares will temporarily hold the dual roles of Director of Engineering and Operation. These restructuring moves aim to enhance operational efficiency and customer experience. Sabesp is a water and sanitation company operating in Brazil.