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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 2016 18 378 M
EBIT 2016 2 450 M
Net income 2016 920 M
Debt 2016 16 307 M
Yield 2016 2,32%
P/E ratio 2016 14,09
P/E ratio 2017 8,00
EV / Sales 2016 1,63x
EV / Sales 2017 1,60x
Capitalization 13 706 M
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Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 10,5  BRL
Spread / Average Target 1,5%
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Managers
NameTitle
Bernardo Afonso Salomao 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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