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

Aegea Saneamento Reports Impressive Q1 2026 Results

In the first quarter of 2026, Aegea Saneamento has demonstrated noteworthy operational performance, marking a pivotal moment for the leader in Brazil's sanitation sector. With a reported pro forma EBITDA of BRL 3 billion, the company has achieved a remarkable recurring growth rate of 65.3% compared to the same period last year. This impressive performance is indicative of Aegea's commitment to efficiency and operational excellence.

Aegea's consolidated net revenue, which encompasses the results of its affiliate Águas do Rio, reached BRL 4.9 billion, reflecting a robust growth of 13.5% year-over-year. This substantial increase is driven by the company's strategic efforts to enhance its operational capabilities and expand its customer base across various Brazilian regions. As the company continues to mature its operations, it is essential to note that the growth has stemmed not just from revenue increments but also from a significant expansion in operational cash generation, which increased by 33%, translating to an additional BRL 700 million in collections.

The company has bolstered its operational efficiency, achieving a collection growth rate of 16.3%, surpassing the 13.5% increase in net revenue. This highlights Aegea's robust operational maturity and its ability to optimize processes to generate consistent cash flow. The company’s dedication to expanding its services is evident in the substantial Capex of BRL 1.6 billion earmarked for the quarter, which facilitated approximately 1.1 million new connections to its services, benefiting around 3 million people across Brazil.

In addition to organic growth, Aegea has made significant strides through inorganic means, adding 1.1 million connections via acquisitions, including concessions from Águas do Pará and Águas do Piauí. This strategic positioning has now enabled Aegea to serve a total of 14.6 million connections, marking a significant 16.9% increase in its operational base.

As part of its ongoing commitment to improving corporate governance, Aegea has initiated a comprehensive plan designed to fortify its systems, processes, and internal controls. This plan, which has received the Board of Directors' approval, aims to enhance system architecture, integrate processes more effectively, and strengthen oversight in financial management areas. Furthermore, Aegea is taking proactive steps to audit its investments, costs, and expenses, while prioritizing essential investments for the upcoming fiscal year. This initiative anticipates a cost reduction of BRL 1.25 billion annually over the next five years, representing a targeted decrease of approximately 10% in comparison to 2025.

“The results from this quarter clearly reaffirm Aegea's dedicated journey of asset expansion and operational turnaround. We are keen to elevate our operational performance alongside financial outcomes, while continuously improving our processes and the quality of our financial reporting,” commented Radamés Casseb, CEO of Aegea Saneamento.

Aegea currently operates across 15 states and serves over 39 million individuals in 893 cities. Over the past several years, the company has transitioned from a regionally focused entity to one of Brazil's foremost private infrastructure investment platforms, recognized for its efficiency in executing sanitation projects. Recently, Aegea received a substantial BRL 1.2 billion capital injection, reinforcing shareholder confidence in its strategic direction and growth potential for the future.

In conclusion, Aegea Saneamento is paving the way for sustainable growth and solidifying its position in Brazil's sanitation market. It has evolved from serving just six municipalities in 2010 to its current extensive network, providing essential services to millions and embracing recently expanded responsibilities in urban solid waste management. Through its commitment to operational excellence, financial discipline, and alignment with environmental, social, and governance (ESG) principles, Aegea has laid a strong foundation for long-term success.

For more information about Aegea Saneamento and its initiatives, please visit Aegea's official website.