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Last €4.46 EUR
Change Today -0.022 / -0.49%
Volume 2.8K
CIDA On Other Exchanges
New York
Sao Paulo
As of 6:44 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

cia energetica minas ger-prf (CIDA) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/23/14 - €6.35
52 Week Low
03/18/15 - €3.13
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

cia energetica minas ger-prf (CIDA) Related Businessweek News

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cia energetica minas ger-prf (CIDA) Details

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, is engaged in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. As of December 31, 2013, the company generated electricity at 64 hydroelectric plants, 3 thermoelectric plants, and 3 wind farms with a total installed capacity of 7,145.3 megawatts; and owned and operated 13,670 miles of transmission lines and 330,734 miles of distribution lines. It is also involved in the exploration, production, acquisition, transportation, distribution, and sale of natural gas; and the provision of signal transportation and access services for point-to-point and point-to-multipoint applications to telecommunications operators and Internet service providers on a clear channel basis, as well as services related to the sale and trade of electricity in the Brazilian electricity sector. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

7,922 Employees
Last Reported Date: 03/27/15
Founded in 1952

cia energetica minas ger-prf (CIDA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

cia energetica minas ger-prf (CIDA) Key Developments

Companhia Energética de Minas Gerais S.A. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Companhia Energética de Minas Gerais S.A. reported audited consolidated earnings results for the year ended December 31, 2014. For the period, the company’s net revenue was BRL 19,540 million against BRL 14,627 million a year ago. Income before Financial income and taxes was BRL 5,580 million against BRL 4,363 million a year ago. Income before income tax and social contribution tax was BRL 4,479 million against BRL 4,054 million a year ago. Net income for the year was BRL 3,137 million against BRL 3,104 million a year ago. Total of net income for the year attributed to controlling shareholders was BRL 3,137 million or BRL 2.49 basic and diluted per common share against BRL 3,104 million or BRL 2.47 basic and diluted per common share a year ago. Basic and diluted income per preferred share was BRL 2.49 against BRL 2.47 a year ago. Net cash generated by operating activities was BRL 3,734 million against BRL 3,515 million a year ago. Investments in PP&E were BRL 122 million against BRL 69 million a year ago. Investments in intangible assets were BRL 798 million against BRL 908 million a year ago.

Cemig Reportedly Prepares Sale Of Stake In Broadband Unit

Companhia Energética de Minas Gerais S.A. (BOVESPA:CMIG4) is preparing to sell a stake in its broadband operation to private equity firm GP Investments Ltd and other investors, as reported. GP Investments' representative said GP Investments does not comment on market speculation. Cemig's press office in Belo Horizonte, Brazil, could not be reached for comment.

Companhia Energética de Minas Gerais S.A. to Report Q4, 2014 Results on Mar 26, 2015

Companhia Energética de Minas Gerais S.A. announced that they will report Q4, 2014 results After-Market on Mar 26, 2015


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Abengoa SA €3.18 EUR +0.05
Cia Energetica de Sao Paulo R$24.87 BRL -0.03
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Industry Average

Valuation CIDA Industry Range
Price/Earnings 5.3x
Price/Sales 0.9x
Price/Book 1.5x
Price/Cash Flow 2.8x
TEV/Sales NM Not Meaningful

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