Companhia de Saneamento do Parana Sanepar
BOVESPA:SAPR4

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Companhia de Saneamento do Parana Sanepar Logo
Companhia de Saneamento do Parana Sanepar
BOVESPA:SAPR4
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Price: 7.83 BRL 0.38% Market Closed
Market Cap: 11.8B BRL

Companhia de Saneamento do Parana Sanepar
Investor Relations

In the heart of Brazil, Companhia de Saneamento do Paraná, commonly known as Sanepar, stands as a vital player in the urban infrastructure landscape. Founded in 1963, this company has woven itself into the public fabric of Paraná, a state marked by its diverse and growing population. Sanepar is responsible for providing essential water and sewage services to millions, covering over 340 cities and towns across the state. Its operations are deeply embedded in the Paraná region, with the company's infrastructure sprawling across an expansive geographical area. Sanepar’s role is pivotal; by managing the purification, distribution, and collection processes, it ensures not just the public health but also supports economic activities that are water-dependent.

Sanepar’s business model is built upon the provision of clean, safe water and effective wastewater management to both households and industrial clients. Revenue generation stems primarily from user fees, which are regulated by state authorities to ensure affordability and fairness. The company consistently invests in technological advancements and infrastructure development to enhance service quality and coverage, aiming to meet the escalating demands of population growth and urban development. Its financial health is closely monitored by stakeholders who are keenly aware of how water scarcity and environmental issues might impact its operations. While its services are indispensable, Sanepar also faces the perpetual task of balancing between operational efficiency, public accountability, and sustainable resource management. This careful balancing act keeps Sanepar at the forefront of Brazil’s efforts to modernize its utility services.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Investments: Sanepar invested BRL 765 million in Q3 2025, up 52% from the same period last year, focusing on water and sewage projects aimed at universalization.

Revenue & Profit: Q3 net revenue was BRL 1.80 billion, increasing 5.5% year-on-year, but net profit dropped 34.7% to BRL 246 million due to higher costs and provisions.

Margins: Q3 EBITDA margin was 41.5%, but EBITDA decreased 26.8% year-on-year to BRL 56 million, with cost and expense increases, notably in third-party services and provisions.

Debt & Leverage: Net debt dropped sharply to BRL 1 billion (down 71.2%) and leverage fell to 0.5x EBITDA, reflecting large judicial receivables.

Universalization Effort: Water service is at 100%, sewage coverage reached 81.9% with a target of 90%, and ongoing investments target full universalization before 2033.

Cost Pressures: Third-party service costs rose significantly due to resumed field operations, new PPP contracts, and security needs.

Innovation: Sanepar is accelerating digitalization and sustainability initiatives, including projects in biogas, AI for water loss, and energy efficiency, aiming for BRL 600 million in energy savings through 2028.

Key Financials
Investments
BRL 765 million
Net Revenue (Q3 2025)
BRL 1.80 billion
Net Profit (Q3 2025)
BRL 246 million
EBITDA (Q3 2025)
BRL 56 million
EBITDA Margin (Q3 2025)
41.5%
Net Debt
BRL 1 billion
Leverage
0.5x EBITDA
Sewage Coverage
81.9%
Water Universalization
100%
Default Rate (Q3 2025)
0.5%
Third-party Service Cost Increase
60% increase from Q3 2023 to Q3 2025
Energy Savings (2024-2028 projection)
BRL 600 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Claudio Stabile
CEO, Director & Member of Executive Board
No Bio Available
Mr. Abel Demetrio
Chief Financial & Investor Relations Officer and Member of Executive Board
No Bio Available
Elerian do Rocio Zanetti
Chief Commercial Officer & Member of Executive Board
No Bio Available
Julio Cesar Gonchorosky
Chief Environment & Social Action Officer and Member of Executive Board
No Bio Available
Leura Lucia Conte de Oliveira
Chief Investment Officer & Member of Executive Board
No Bio Available
Sergio Wippel
COO & Member of Executive Board
No Bio Available
Fernando Mauro Nascimento Guedes
Chief Administrative Officer & Member of Executive Board
No Bio Available
Anatalicio Risden Jr.
Chief of Innovation and New Business Officer & Member of Management Board
No Bio Available
Marcus Venicio Cavassin
Chief Legal Officer & Member of Management Board
No Bio Available
Ozires Kloster
Accounting Manager
No Bio Available

Contacts

Address
PARANA
Curitiba
Rua Engenheiros Reboucas, 1376, Reboucas
Contacts
+554133303000
site.sanepar.com.br