Thiago Levi
Investor Relations
Replay available
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE: SBS) Q1 2026 earnings conference call, held 2026-05-08. Replay captured from the company's public earnings webcast.

Investor Relations
CFO
CEO
Analyst, Santander
Analyst, Suffolk
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Analyst, UBS
Analyst, Citi
Good morning and welcome to SABESP's first quarter of 2026 earnings presentation. With us here today are Carlos Piani, CEO, Daniel Islac, CFO, and Thiago Levi, Investor Relations. Before we begin, we clarify that the statements made during this presentation will not include projections or estimates of future events. However, they may contain forward-looking statements indicating potential trends related to Sabesp based on reasonable expectations, beliefs, and assumptions of Sabesp's management as of today. These statements involve risks and uncertainties and are based on assumptions and factors such as market, regulatory, and economic conditions, which may not materialize in addition to the risk factors disclosed in Sabesp's filings with the Brazilian Securities and Exchange Commissions and on its investor relations website. Investors should understand that changes in such factors may lead to outcomes that differ from current trends and that undue reliance should not be placed on these statements. The full disclaimer will be presented next and must be read carefully by all participants. This presentation is being recorded and all participants will be in listen-only mode during the presentation. After that, we will begin the question and answer session for analysts and investors only. If you wish to ask a question, please raise your hand and submit it via the Zoom Q&A informing your name and company. I will now turn the floor over to Daniel Slak, who will discuss the results. Daniel, you may proceed. Thanks, operator. Good morning, everyone, and thank you for joining us for SABESP's first quarter 2026 earnings call. I'm Daniel Slak, CFO, and I'll present our operational and financial highlights for the quarter. After which, I'll handle the call over to our CEO, Carlos...