• Sabesp released the 2Q26 earnings call transcript featuring CEO Carlos Piani, CFO Daniel Szlak, IR Director Thiago Levy.
• Adjusted net revenue rose 9.4% to reflect a tariff adjustment; adjusted EBITDA fell 2.3% to R$ 3.5 billion.
• Management flagged transitory hits from ERP go-live, unusually high chemical inflation, customer-service ramp; underlying EBITDA growth estimated near 20%.
• Commercial plan spending and investment set at about R$ 800 million in 2026; about R$ 200 million already cycled, remaining R$ 600 million expected in 2H26.
• Capex reached R$ 7.5 billion year-to-date; net debt was R$ 34.2 billion, net leverage 2.5x EBITDA; ~two-thirds of Capex allocated to sewage.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SABESP - Companhia de Saneamento Básico do Estado de São Paulo published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.