Sustainability Report 2021
Message from
The Águas do
SUMMARY
Presentation
Management
Brasil Group
Integrity and
Transparency
Fostering
Universal Access
to Sanitation
Water Security
and Climate
Change
Efficient
Water
Cycle
Our Utility
Companies
About this
Report
GRI
Summary
Corporate
Information
Corporate strategy and
value generation
Grupo Águas do Brasil's Strategic Plan for the
2017-2022 cycle was drawn up corporately to
prepare the company for sustainable growth
over the period. Based on the strategic
guidelines, 12 programs were developed to
guide the activities in the five-year period and
allow the Group to maintain its leadership in
the sector with financial discipline, efficient
management, and delivery of consistent
results. The review of the Strategic Planning
for the next cycle started in 2021.
With operational excellence and low
indebtedness, the company is healthy and
able to take advantage of the opportunities
of new concessions opened by the New
Legal Framework for Basic Sanitation. The
matrix structure consolidated in the period,
associated with strict efficiency controls and
the refinement of governance and compliance
structures, enables growth with responsibility,
employee appreciation, customer satisfaction,
and return for shareholders.
This process was recognized by the Cedae's
Block 3 concession in an auction held in
December 2021, which presents great synergy
with the existing businesses and a model with
appropriate profitability within the Group's
strategy (see Operation and growth for more
information).
Economic-financial performance
| 103-2, 103-3 | 201 |
The results obtained in 2021 show the assertive
execution of the budget planning for the year.
After the impacts on revenue brought about
by the initial period of the pandemic, the
company maintained financial control and
efficiency in the cost structure, with intelligent
management of capital expenditures and
increases in the commercial front with
technology and digitalization. This allowed for
a recovery in the collection, driven by actions
in the commercial area to make life easier for
customers and guarantee payment.
These measures led to revenue and Ebitda
growth and allowed Fitch Ratings to reaffirm
its AAA rating, recognizing the quality of
the portfolio and discipline in management.
The performance reaffirms the Group's
robust financial profile and conservative
leverage strategy.
Considering the proportional consolidation
of its interests, the results recognized in 2021
totaled a gross revenue of BRL 1.6 billion,
Ebitda of BRL 495.1 million, and net income
of BRL 224.9 million. The Ebitda margin was
39.81%. The restated net debt is BRL 667.8
million, consistent with the size of the business.
ÁGUAS DO BRASIL GROUP
STRATEGIC PROGRAMS
ÁGUA DE VALOR - LOSS REDUCTION
OPERATIONAL EXCELLENCE
BUSINESS EXCELLENCE
HUMAN CAPITAL MANAGEMENT
ESG MANAGEMENT
INOVÁGUAS - INNOVATION
Sustainability Report 2021
WWTP Camboinhas
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