Mainova AG operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Mainova AG with three other
electric utilities in Europe:
sales of 143.35 billion Russian Rubles [US$2.51 billion]
of which 90%
was Power Transmission),
Stadtwerke Hannover AG
(1.99 billion Euro [US$2.47 billion]
Red Electrica Corporacion SA
based in Spain
(1.93 billion Euro [US$2.39 billion]
of which 92%
was Transport and System Operations).
During the year ended December of 2016, sales at
Mainova AG were 1.97 billion Euro (US$2.44 billion).
a very small
increase of 1.9%
versus 2015, when the company's sales were 1.93 billion Euro.
Despite this increase, sales are still
below the level achieved in 2014, when Mainova AG
reported sales of 2.04 billion Euro.
Sales of Water Distribution saw an increase
that was more than double the company's growth rate: sales were up
20.8% in 2016, from
76.00 million Euro to 91.79 million Euro.
Mainova AG also saw significant increases in sales in
Electricity Distribution (up 9.0% to 1.09 billion Euro)
Gas Distribution (up 4.9% to 594.44 million Euro)
Heat Distribution (up 3.5% to 134.14 million Euro)
Investments (up 6.7% to 239,000.00 Euro)
Not all segments of Mainova AG experienced an increase in sales in 2016:
sales of Heat and Electricity Generation fell 24.5% to 90.95 million Euro.