#Brazil #São Paulo #Sustainable Growth #Aegea Saneamento #Brazil Sanitation

Aegea Saneamento Achieves Remarkable Revenue Growth in 2025

In the competitive landscape of Brazil's sanitation industry, Aegea Saneamento has once again showcased its resilience and ability to thrive by reporting an impressive pro forma net revenue of R$ 18.3 billion for 2025. This marks a substantial increase of 21% from the previous year, underscoring the company’s commitment to sustainable growth and its capacity to enhance operations across various states.

Aegea Saneamento stands tall as the leading private sanitation firm in Brazil, serving over 39 million residents across 893 cities in 15 states. Transforming from a regional operator into a prominent infrastructure investment platform, Aegea has been pivotal in carrying out sanitation projects and improving access to essential services.

This continuous growth narrative has necessitated enhancements in various internal processes along with robust financial information management. To navigate this complexity, Aegea embarked on a comprehensive technical review overseen by auditors, which involved reprocessing financial documents from prior periods to ensure a precise reflection of the company’s standing. The outcome was favorable: financial statements were issued with an unqualified opinion, signifying no adverse effects on liquidity or adherence to covenants.

Throughout 2025, Aegea's operations experienced a consistent uptrend, fueled by a growth in customer base, initiation of new concessions, and overall efficiency improvements. The company’s pro forma EBITDA swelled to R$ 10.3 billion—up 24%—while operating cash flow demonstrated remarkable growth, reaching R$ 6.7 billion, a staggering 45% increase compared to the previous year.

Further asserting its growth strategy, Aegea allocated R$ 8.6 billion towards infrastructure expansion and upgrades. Approximately R$ 7.3 billion of this investment was earmarked for enhancing water and sewage services, thereby addressing the critical challenge of sanitation access for millions of Brazilians.

A key driver of this growth included the commencement of five new operational projects, notably the Águas do Piauí, Águas do Pará, and the PPP Ambiental Paraná 2, which collectively promise to enhance the quality and reach of sanitation services.

On the financial front, Aegea successfully raised about R$ 22.3 billion throughout 2025, which played a vital role in fortifying its capital structure. A significant portion of these resources was devoted to effective debt management, extending payment maturity dates, and reducing financing costs—a strategic move designed to ensure sustainable growth in the years ahead.

According to André Pires, CFO of Aegea, the observed performance is indicative of the portfolio maturity and the consistent value generated by the company’s assets. Pires further remarked on the competitive edge provided by lower per capita concession fees in conjunction with heightened efficiency margins, contributing to the dramatic rise in operational cash generation.

With a solid trajectory and intentional investments, Aegea Saneamento is well-positioned to reinforce its role as a key player in Brazil's sanitation landscape. The company’s strategic combination of solid financial management and dedication to responsible investments emphasizes Aegea's commitment not just to business, but also to social impact and the aspiration for universal sanitation access across Brazil.

About Aegea

Aegea operates sanitation services throughout Brazil, significantly expanding its reach from just six municipalities in 2010 to over 890 in 2025, consequently benefiting millions of individuals. The company’s successful trajectory is attributable to its strategic business model that prioritizes operational efficacy, financial prudence, and alignment with ESG principles. For more information, visit Aegea's website.