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4-Traders Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Cia Energetica de Minas Gerais CEMIG    CMIG4   BRCMIGACNPR3

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Companhia Energetica Minas Gerais : Market Announcement - CVA Amounts

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04/19/2013 | 02:29am CEST
COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

LISTED COMPANY

CNPJ 17.155.730/0001-64 - NIRE 31300040127

MARKET ANNOUNCEMENT New treatment for CVA amounts in Cemig D

Cemig (Companhia Energética de Minas Gerais), a listed company with securities traded on the stock exchanges of São Paulo, New York and Madrid, hereby, in accordance with CVM Instruction 358 of January

3, 2002, as amended, publicly informs the Brazilian Securities Commission (CVM), the São Paulo Stock,

Commodities and Futures Exchange (BM&F Bovespa S.A.) and the market in general, as follows:

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Financials ( BRL)
Sales 2017 18 890 M
EBIT 2017 2 622 M
Net income 2017 1 436 M
Debt 2017 13 700 M
Yield 2017 4,00%
P/E ratio 2017 6,42
P/E ratio 2018 5,16
EV / Sales 2017 1,24x
EV / Sales 2018 1,17x
Capitalization 9 807 M
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Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 10,3  BRL
Spread / Average Target 33%
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Managers
NameTitle
Bernardo Afonso Salomão de Alvarenga President & Chief Executive Officer
José Afonso Bicalho Beltrão da Silva Chairman
Paulo Roberto Castellari-Porchia Chief Financial Officer & Head-Investor Relations
Arcângelo Eustáquio Torres Queiroz Director
Saulo Alves Pereira Director
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