Aegea Net Revenue¹ reached R$285.9 million in the 2Q17, a growth of 18.1% compared to the same of period the previous year and EBITDA amounted to R$149.6 million.
Aegea Saneamento e Participações S.A. (“Aegea” or “Company”), currently presente in 48 municipalities across 10 states, today reported earnings of its second fiscal quarter (“2Q17”), 2017, and the accumulated six months of 2017 (“06M17”). This document aims at commenting the analysis on the Company’s performance between 2Q16 and 2Q17 and between 6M16 and 6M17.
- Growth of 18.1%, or R$43.9 million in Net Revenue¹ in 2Q17 in relation to 2Q16, reaching R$285.9 million. In the same period, the water revenues grew 12.0% or R$23.4 million and the sewage revenues grew 34.9% or R$21.9 million;
- Growth of 13.6%, or R$17.9 million, in EBITDA¹ in 2Q17 in relation to 2Q16, reaching R$149.6 million;
- Fitch Upgrades Aegea’s Rating to ‘AA(bra)’; with Stable Outlook.