Mainova AG operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Mainova AG with three other
electric utilities in Europe:
sales of 2.10 billion Euro [US$2.38 billion]
Red Electrica Corporacion SA
(1.94 billion Euro [US$2.20 billion]
of which 93%
was Transport and System Operations), and
based in Russia
(150.49 billion Russian Rubles [US$2.24 billion]
of which 92%
was Power Transmission).
During the year ended December of 2017, sales at
Mainova AG were 2.00 billion Euro (US$2.26 billion).
a very small
increase of 1.5%
versus 2016, when the company's sales were 1.97 billion Euro.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Mainova AG had sales
of 1.98 billion Euro.
Sales of Heat and Electricity Generation saw an increase
that was more than double the company's growth rate: sales were up
48.5% in 2017, from
90.95 million Euro to 135.07 million Euro.
Not all segments of Mainova AG experienced an increase in sales in 2017:
sales of Water Distribution fell 8.9% to 83.64 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).
Mainova AG also experienced decreases in sales in
Electricity Distribution (down 4.0% to 1.05 billion Euro)
Gas Distribution (down 6.4% to 556.58 million Euro)
Heat Distribution (down 1.2% to 132.53 million Euro)
Investments (down 5.9% to 225,000.00 Euro)