Companhia Energetica de Minas Gerais CEMIG operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Companhia Energetica de Minas Gerais CEMIG with three other
companies in this sector in the United States:
Alabama Power Company
sales of $5.89 billion
of which 42%
was Texas), and
Companhia Energetica de Minas Gerais CEMIG
of which 56%
During the year ended December of 2016, sales at
Companhia Energetica de Minas Gerais CEMIG were $5.47 billion.
decrease of 14.3%
versus 2015, when the company's sales were $6.39 billion.
Contributing to the drop in overall sales was the 19.0% decline
in Generation, from $2.11 billion to $1.71 billion.
There were also decreases in sales in
Distribution (down 16.9% to $3.09 billion)
Gas (down 17.7% to $344.07 million)
Telecommunication (down 0.7% to $36.48 million)
However, these declines were partially offset by the increase in sales of
Transmission (up 108.5% to $324.34 million)
Other (up 23.6% to $33.87 million)