Earnings Labs

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS)

Q2 2020 Earnings Call· Tue, Aug 18, 2020

$33.48

-1.79%

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Same-Day

-5.67%

1 Week

-7.26%

1 Month

-12.14%

vs S&P

-9.78%

Transcript

Mario Sampaio

Operator

Okay. Good afternoon everybody. Welcome to SABESP's videoconferencing to discuss the results for the Second Quarter of 2020. My name is Mario Sampaio, I'm the Head of Capital Markets and Investor Relations. We will inform all participants that this videoconferencing is being recorded. The presentation accompanied with the slides are being broadcasted in the Internet through the company's website and the MZiQ platform. The presentation and earnings release will be available for download on the same portal. Questions made to speakers will be accepted through the video cast platform only. But before we proceed, let me mention that forward-looking statements are being made under the Safe Harbor of the Securities Litigation Reform Act of 1996. Forward-looking statements are based on the beliefs and assumptions of SABESP's management and on information currently available to the company. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions, because they relate to future events, and therefore depend on circumstances that may or may not occur in the future. Investors should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of SABESP, and could cause results to differ materially from those expressed in such forward-looking statements. Let's move and introduce everybody that we have with us. Let's start with Mr. Rui Affonso, as Chief Financial Officer and Investor Relations Officer. We also have with us Mr. Agnaldo Pacheco, he is the Company Controller. Mr. Marcelo Miyagui, Head of Accounting; and also Mr. [indiscernible] Head of Costs and Tariffs. Now I will present the highlights for the second quarter, starting with some initial highlights. Let's start saying that this was in a typical quarter with the most intense month of social isolation due to the pandemic, which aggravated by the economic context or high…

Rui Affonso

Analyst

Okay, we would like to thank everybody to join us in this conference call. I believe that the silence from your side is due to the great participation in the conference call we have had in this morning and but we are open 24 hours a day. Well, 24 hours days Mario [indiscernible] to ask you any kind of concerns you may have. I'm sure you have and to continue our discussion anytime you want. Again, thank you very much for your participation. And we will be together in the next quarter. Thank you very much.