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    ELET6   BRELETACNPB7

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS

(ELET6)
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Centrais Eletricas Brasileiras S A Eletrobrás : Brazil Senate to vote on Eletrobras privatization on Thursday

06/16/2021 | 05:40pm EDT

BRASILIA, June 16 (Reuters) - A bill allowing the privatization of state-owned energy giant Eletrobras will be put to the vote on Thursday starting at 10 a.m., the head of Brazil's Senate Rodrigo Pacheco said on Monday.

The bill has passed the lower chamber but has been changed in the Senate in its present form, which means it would have to return to the house and could run out of time.

The bill is a temporary decree issued by the government and must be approved in Congress by June 22 or it will expire.

(Reporting by Maria Carolina Marcello Editing by Chris Reese)


© Reuters 2021
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Financials
Sales 2021 31 321 M 6 024 M 6 024 M
Net income 2021 8 397 M 1 615 M 1 615 M
Net Debt 2021 25 843 M 4 970 M 4 970 M
P/E ratio 2021 7,86x
Yield 2021 3,58%
Capitalization 66 339 M 12 823 M 12 758 M
EV / Sales 2021 2,94x
EV / Sales 2022 2,62x
Nbr of Employees 12 435
Free-Float 45,3%
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Mean consensus BUY
Number of Analysts 10
Last Close Price 42,10 BRL
Average target price 52,40 BRL
Spread / Average Target 24,5%
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Managers and Directors
Rodrigo Limp Nascimento Chief Executive Officer & Director
Elvira Baracuhy Cavalcanti Presta Chief Financial & Investor Relations Officer
Luiz Alves Paes de Barros e Ruy Flaks Schneide Chairman
Luiz Augusto Pereira de Andrade Figueira Chief Administrative & Sustainability Officer
Carlos Eduardo Rodrigues Pereira Director
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