Companhia Energetica de Minas Gerais SA Sponsored ADR Pfd Aktie News

The company has been delivering excellent results since its turnaround in 2019, with cost reduction, lower leverage, and prospects for further improving its EBITDA margin. Despite this, the company is traded below the multiples of its international peers, even though it is the most profitable and has the best return on equity. The discount compared to peers is due to the political risk, which i...

Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2023 Earnings Call Transcript

Companhia Energética de Minas Gerais - CEMIG (NYSE:CIG ) Q3 2023 Earnings Conference Call November 10, 2023 1:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Dimas Costa - Chief Commercial Officer Conference Call Participants Operator Good afterno...

Companhia Energética de Minas Gerais (NYSE:CIG ) Q2 2023 Earnings Conference Call August 4, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent, IR Reynaldo Passanezi Filho - CEO Leonardo George de Magalhaes - CFO Thadeu Carneiro da Silva - Chief Generation and Transmission officer Marco da Camino Ancona Lopez Soligo - Chief Participation Officer Conference Call Participants An...

Brazilian power company Cemig has seen a significant recovery since 2019, with operational expenses and losses now within regulatory limits, and future investment plans focusing on its distribution segment. Cemig's financial results show positive growth, with a recurring EBITDA of R$ 2.1 billion, an 8% increase compared to the previous year, and a profit of over R$ 1.3 billion. The potential pr...

Companhia Energética de Minas Gerais (NYSE:CIG ) Q1 2023 Results Conference Call May 5, 2023 2:00 PM ET Company Participants Carolina Senna - Superintendent-Investor Relations Leonardo George de Magalhaes - Chief Financial Officer Conference Call Participants Julia Bruton - Santander Operator Good afternoon and welcome to Cemig's First Quarter 2023 Earnings Video Conference Call. We informed th...

Companhia Energética de Minas Gerais (NYSE:CIG ) Q4 2022 Earnings Conference Call March 27, 2023 10:30 AM ET Company Participants Márcio Luiz Simões Utsch – Chairman Carolina Senna – Superintendent-Investor Relations Reynaldo Passanezi Filho – Chief Executive Officer Leonardo George de Magalhães – Chief Financial Officer Marney Tadeu Antunes – Chief Distribution Officer Conference Call Particip...

Companhia Energética de Minas Gerais continues its aggressive investment path. This is possible due to a strong balance sheet and strong cash flow generation.