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Last €2.05 EUR
Change Today +0.038 / 1.89%
Volume 1.1K
CIDA On Other Exchanges
New York
Sao Paulo
New York
Sao Paulo
As of 1:14 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

cia energetica minas ger-prf (CIDA) Snapshot

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Day High
Day Low
52 Week High
09/4/14 - €6.20
52 Week Low
08/26/15 - €1.84
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 S.A. – CEMIG, through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. As of December 31, 2014, the company generated electricity through 78 hydroelectric plants, 3 thermoelectric plants, and 23 wind farms with a total installed capacity of 7,716 megawatts; owned and operated the generation and transmission network of 1,355 miles of 500 kV lines, 1,228 miles of 345 kV lines, and 478 miles of 230 kV lines in Minas Gerais; and operated 316,500 miles of distribution lines. It also acquires, explores for, transports, distributes, and sells natural gas and its sub products and derivatives; offers network and Internet access connectivity solutions, telecommunication services, energy solutions and consulting services, and technology systems, as well as systems for operational management of public service concessions; and sells and trades in electricity. 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

Cemig Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Cemig announced consolidated and company earnings results for the second quarter and six months ended June 30, 2015. For the quarter, on the consolidated basis, revenue was BRL 5,392,480,000 against BRL 4,701,427,000 a year ago. EBITDA was BRL 1,232,272,000 against BRL 1,572,886,000 a year ago. Profit before Financial revenue (expenses) and taxes BRL 1,050,685,000 against BRL 1,374,416,000 a year ago. Pretax profit was BRL 799,104,000 against BRL 1,096,835,000 a year ago. Net profit for the period was BRL 534,264,000 against BRL 740,874,000 a year ago. Net income per share was BRL 0.42 against BRL 0.59 a year ago. Net debt was BRL 11,753,422,000 as on second quarter of 2015. For the quarter, on the company basis, net operational revenue of BRL 161,000, operational profit before equity losses and financial expenses of BRL 183,169,000, profit before income tax and social contribution tax of BRL 1,957,394 and profit for the period of BRL 2,018,614,000.

Companhia Energética de Minas Gerais S.A. Presents at Credit Suisse 9th Annual Mid-Summer LatAm Conference, Aug-05-2015

Companhia Energética de Minas Gerais S.A. Presents at Credit Suisse 9th Annual Mid-Summer LatAm Conference, Aug-05-2015 . Venue: Omni Berkshire Place Hotel, 21 East 52nd Street at Madison Avenue, New York, NY 10022, United States.

Companhia Energética de Minas Gerais S.A., Q2 2015 Earnings Call, Aug 19, 2015

Companhia Energética de Minas Gerais S.A., Q2 2015 Earnings Call, Aug 19, 2015


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Price/Sales 0.4x
Price/Book 0.6x
Price/Cash Flow 1.4x
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