Cia de Saneamento Basico do Estado de Sao Paulo-ADR

Companhia de Saneamento Basico do Estado de Sao Paulo (SABESP) provides water and sewage services to numerous customers within the state of Sao Paulo in Brazil. As of November 2021, the company services 375 municipalities, including the city of Sao Paulo. Founded in 1973, SABESP has its headquarters in Sao Paulo, Brazil. SABESP's customers include residential, commercial industrial, and governmental organisations. The company operates through two segments: Water and Sewage. Services provided by SABESP include water supply, sanitary sewage, drainage and urban water management, solid waste management, and urban cleaning. The company also plans, operates, maintains, and commercialises energy. Listed on the NYSE, SABESP stock is available under the ticker SBS. As of 31st December, 2020, the company is considered one of the largest sanitation companies in the world in terms of population served. On this date, the company provided water services through 10.1 million water connections to approximately 27.5 million people and sewage services to approximately 24.3 million people. Through special purpose companies, SABESP also offers services to other municipalities. As of 31st December, 2020, SABESP was responsible for approximately 30% of the investment made into basic sanitation within Brazil. Learn more about SBS share price movements by adding it to your eToro virtual portfolio.