Copasa MG posts transcript of 2Q26 earnings results conference call

• Copasa’s 2Q26 results call drew CEO Marília de Carvalho Melo, CFO Adriano Moura, executives, investors, analysts, journalists; Q&A included Itaú BBA, Safra.
• Net operating revenue rose 9% to tariff adjustment of 6.56% plus volume and mix; adjusted EBITDA was R$ 762 million, margin near 40%.
• Net income fell 4.8% to R$ 275 million on higher depreciation and financial expenses; operating cash generation was R$ 670 million.
• Capex totaled R$ 833 million, up 27%; management targeted about R$ 3.5 billion for 2026, leaving about R$ 2 billion.
• CFO flagged R$ 20 million EBITDA hit from labor lawsuits tied to privatization-era claims, mainly overtime; sewage coverage seen near 82.2% by year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COPASA MG - Companhia de Saneamento de Minas Gerais published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.