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 : CPFL Energia SA (2020 sales of 30.90 billion Brazilian Reals [US$5.84 billion] of which 83% was Energy Distribution), Centrais Eletricas Brasileiras SA (29.08 billion Brazilian Reals [US$5.50 billion] of which 64% was Generation), and Energisa S.A. (20.33 billion Brazilian Reals [US$3.84 billion] of which 93% was Distribution).

Sales Analysis. During the second quarter of 2021, sales at Companhia Energetica de Minas Gerais CEMIG totalled 7.35 billion Brazilian Reals. This is an increase of 23.9% from the 5.93 billion Brazilian Reals in sales at the company during the second quarter of 2020. During the first two quarters of 2021, sales totalled 14.46 billion Brazilian Reals, which is 20.6% higher than through the first two quarters of 2020. During the year ended December of 2020, sales at Companhia Energetica de Minas Gerais CEMIG were 25.23 billion Brazilian Reals (US$4.77 billion). This is a decrease of 0.6% versus 2019, when the company's sales were 25.39 billion Brazilian Reals. Contributing to the drop in overall sales was the 67.9% decline in Other, from 323.93 million Brazilian Reals to 104.00 million Brazilian Reals. There were also decreases in sales in Generation (down 5.0% to 6.54 billion Brazilian Reals) and Gas (down 10.4% to 1.66 billion Brazilian Reals) . However, these declines were partially offset by the increase in sales of Distribution (up 3.7% to 16.51 billion Brazilian Reals) and Transmission (up 4.1% to 743.13 million Brazilian Reals) .