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 Brazil:
Aes Elpa SA
sales of 13.67 billion Brazilian Reals [US$4.31 billion]
Compania Paranaense De Energia Copel
(14.73 billion Brazilian Reals [US$4.65 billion]
of which 65%
was DIS - Distribution), and
CPFL Energia SA
(20.21 billion Brazilian Reals [US$6.38 billion]
of which 82%
was Energy Distribution).
During the year ended December of 2015, sales at
Companhia Energetica de Minas Gerais CEMIG were 21.29 billion Brazilian Reals (US$6.72 billion).
increase of 9.0%
versus 2014, when the company's sales were 19.54 billion Brazilian Reals.
Sales of Gas saw an increase
that was more than double the company's growth rate: sales were up
309.7% in 2015, from
340.40 million Brazilian Reals to 1.39 billion Brazilian Reals.
Not all segments of Companhia Energetica de Minas Gerais CEMIG experienced an increase in sales in 2015:
sales of Transmission fell 26.7% to 518.67 million Brazilian Reals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Companhia Energetica de Minas Gerais CEMIG also experienced decreases in sales in
Generation (down 4.0% to 7.05 billion Brazilian Reals)