
Companhia de Saneamento Basico do Estado de São Paulo, or SABESP ( SBS ) from Outperform to Neutral. The company is a public ..... to more than 20.2 million people. At fourth quarter end, SABESP ’s water and sewage connections were approximately 7.3 million
We are no longer providing equity research on Companhia de Saneamento Basico do Estado de Sao Paulo SBS, known as Sabesp . We provide broad coverage of more than 1,800 companies across 91 industry groups and adjust our coverage as necessary based
Given the state's majority stake, Sabesp 's ability to raise rates may be compromised ..... depreciation of the real would increase Sabesp 's debt-service costs because nearly ..... denominated.The state of Sao Paulo owes Sabesp a BRL 1.23 billion long-term receivable
We are placing Sabesp SBS under review as we revisit our tariff projections and update currency exchange rates.
Sabesp SBS has announced the potential acquisition ..... water-management assets would complement Sabesp 's; the firms operate in adjacent areas ..... growth that would otherwise be unavailable to Sabesp . Demand for electricity tends to track
sewage volumes--two key drivers of Sabesp 's SBS fortunes--clocked in at a combined ..... We expect this trend to continue, as Sabesp 's incremental market in sewage includes ..... Although we do not foresee any change to Sabesp 's return-suppressing, "inflation
decreasing our fair value estimates for the Brazilian utilities we cover--Cemig CIG, CPFL Energia CPL, Copel ELP, and Sabesp SBS--to reflect the recent depreciation of the Brazilian real relative to the U.S. dollar. While these currencies fluctuate
Sabesp 's SBS results for the first half of 2007 ..... leaving our fair value estimate unchanged. Sabesp also recently announced its annual tariff ..... standing "inflation plus" pricing pattern at Sabesp , which allows revenue to keep pace with
four Brazilian utilities we cover: power companies Cemig CIG, Copel ELP, and CPFL Energia CPL, as well as water utility Sabesp SBS. We also interviewed Enersis ENI and Endesa Chile EOC--two of Chile's largest electric utilities--and met with
promotes growth in infrastructure investments. We believe that this creates investment opportunities for water and sewage company Sabesp SBS, and we are placing its valuation under review while we adjust our growth assumptions. We expect an upward revision to