Bruno Montanari & Carolina Carneiro's questions to Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (SBS) leadership • Q4 2024
Question
Bruno Montanari and Carolina Carneiro of Morgan Stanley inquired about the timing of the financial impact from terminating legacy discount contracts, asking when the full effect would be reflected in the P&L.
Answer
CEO Carlos Leone Piani clarified that the impact will become more material starting in the second quarter of 2025, due to varying contract termination clauses and the resolution of initial legal challenges. He projected that the full quarterly impact would be visible by the third quarter of 2025.