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:
Compania Paranaense De Energia Copel
sales of 14.93 billion Brazilian Reals [US$3.83 billion]
of which 67%
was DIS - Distribution),
Centrais Eletricas Brasileiras SA
(24.98 billion Brazilian Reals [US$6.40 billion]
of which 70%
was Generation), and
CPFL Energia SA
(28.14 billion Brazilian Reals [US$7.21 billion]
of which 80%
was Energy Distribution).
During the year ended December of 2018, sales at
Companhia Energetica de Minas Gerais CEMIG were 22.27 billion Brazilian Reals (US$5.70 billion).
increase of 2.6%
versus 2017, when the company's sales were 21.71 billion Brazilian Reals.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
20.2% in 2018, from
111.27 million Brazilian Reals to 133.70 million Brazilian Reals.
Companhia Energetica de Minas Gerais CEMIG also saw significant increases in sales in
Distribution (up 11.7% to 13.76 billion Brazilian Reals)
Gas (up 9.2% to 1.62 billion Brazilian Reals)
Not all segments of Companhia Energetica de Minas Gerais CEMIG experienced an increase in sales in 2018:
sales of Transmission fell 13.0% to 675.66 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 11.3% to 6.37 billion Brazilian Reals)