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
(2017
sales of 14.02 billion Brazilian Reals [US$4.06 billion]
of which 67%
was DIS - Distribution),
Energisa S.A.
(13.64 billion Brazilian Reals [US$3.95 billion]
of which 94%
was Distribution), and
CPFL Energia SA
(26.74 billion Brazilian Reals [US$7.75 billion]
of which 79%
was Energy Distribution).
Sales Analysis.
During the year ended December of 2017, sales at
Companhia Energetica de Minas Gerais CEMIG were 21.71 billion Brazilian Reals (US$6.29 billion).
This
is
an
increase of 15.7%
versus 2016, when the company's sales were 18.77 billion Brazilian Reals.
Sales of Gas saw an increase
of
25.5% in 2017, from
1.18 billion Brazilian Reals to 1.48 billion Brazilian Reals.
Not all segments of Companhia Energetica de Minas Gerais CEMIG experienced an increase in sales in 2017:
sales of Transmission fell 30.2% to 776.96 million Brazilian Reals.
Companhia Energetica de Minas Gerais CEMIG also experienced decreases in sales in
Other (down 4.2% to 111.27 million Brazilian Reals)
.