Successful Strategy
Cemig at a Glance
Based in State of Minas Gerais, controlling shareholder
Assets in 23 Brazilian states and Chile
Strong financial profile:
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9M15
Net revenues: R$16.0 B
EBITDA: R$4.5 B
9M14 Net revenues: R$13.2B
EBITDA: R$4.2 B
Highest liquidity in the sector
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listed on 3 stock exchanges New York, São Paulo, Madrid
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More than 120,000 shareholders in more than 40 countries
Average Daily Trading Volume in 2015
R$45.4M in Bovespa and US$12.4M in NYSE
Solid dividend policy
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Minimum 50% payout ratio
Every two years, may pay extra dividends, if cash conditions permit
Shareholder Structure:
CEMIG
A Melhor Energia do Brasil.
Estado de Minas Gerais
PN:9%
ON: 51%
CT:23%
AGC Energia
ON: 33% PN:5% CT: 14%
Free Float
ON: 16%
PN: 86%
CT:62%
CEMIG
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