Rising Costs Squeeze Sanepar’s Margins in Q3 2024
Sanepar, a leading Brazilian water and sanitation company, released its third-quarter 2024 financial results. The company faced headwinds despite revenue growth. Sanepar reported a net profit of R$377.5 million ($66.2 million), down 4.9% from the previous year. This decline occurred despite a 6.5% increase in net revenue to R$1.709 billion ($299.8 million). The company’s EBITDA […]