Neoenergia S.A. operates in the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Neoenergia S.A. with three other
companies in this sector in BRAZIL :
Centrais Eletricas Brasileiras SA
(2020
sales of 29.08 billion Brazilian Reals [US$5.22 billion]
of which 64%
was Generation),
CPFL Energia SA
(30.90 billion Brazilian Reals [US$5.55 billion]
of which 83%
was Energy Distribution), and
Companhia Energetica de Minas Gerais CEMIG
(25.23 billion Brazilian Reals [US$4.53 billion]
of which 65%
was Distribution).
Sales Analysis.
Neoenergia S.A. reported sales of 31.99 billion Brazilian Reals (US$5.74 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 12.4%
versus 2019, when the company's sales were 28.46 billion Brazilian Reals.
This was the fourth straight year of sales growth at Neoenergia S.A..
Sales of Nets saw an increase
that was more than double the company's growth rate: sales were up
58.4% in 2020, from
26.68 billion Brazilian Reals to 42.26 billion Brazilian Reals.
Neoenergia S.A. also saw significant increases in sales in
Renovaveis (up 28.5% to 739.00 million Brazilian Reals)
.