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 :
Neoenergia S.A.
(2019
sales of 28.46 billion Brazilian Reals [US$5.25 billion]
of which 94%
was Nets),
CPFL Energia SA
(29.93 billion Brazilian Reals [US$5.52 billion]
of which 81%
was Energy Distribution), and
Centrais Eletricas Brasileiras SA
(27.73 billion Brazilian Reals [US$5.12 billion]
of which 72%
was Generation).
Sales Analysis.
During the year ended December of 2019, sales at
Companhia Energetica de Minas Gerais CEMIG were 25.39 billion Brazilian Reals (US$4.69 billion).
This
is
an
increase of 14.0%
versus 2018, when the company's sales were 22.27 billion Brazilian Reals.
This was the third consecutive year of growth at Companhia Energetica de Minas Gerais CEMIG.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
142.3% in 2019, from
133.70 million Brazilian Reals to 323.93 million Brazilian Reals.