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
companies in this sector in Germany:
sales of 1.29 billion Euro [US$1.40 billion]
MVV Energie AG
(3.42 billion Euro [US$3.72 billion]
of which 62%
was Sales and Services), and
Stadtwerke Hannover AG
(2.27 billion Euro [US$2.47 billion]
of which 59%
was Distribution of Electricity).
During the year ended December of 2015, sales at
Mainova AG were 1.93 billion Euro (US$2.10 billion).
decrease of 5.1%
versus 2014, when the company's sales were 2.04 billion Euro.
Contributing to the drop in overall sales was the 14.8% decline
in Electricity Distribution, from 1.18 billion Euro to 1.00 billion Euro.
There were also decreases in sales in
Gas Distribution (down 5.2% to 566.72 million Euro)
Other/consolidation (down 12.5% to 37.71 million Euro)
Investments (down 10.4% to 224,000.00 Euro)
However, these declines were partially offset by the increase in sales of
Heat Distribution (up 22.6% to 129.61 million Euro)
Heat and Electricity Generation (up 205.0% to 120.50 million Euro)
Water Distribution (up 4.5% to 76.00 million Euro)