Companhia Energetica de Minas Gerais CEMIG : Morgan Stanley - 25th Annual Latin America Conference
September 12, 2022 at 09:10 am EDT
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A successful
case of Turnaround, Efficiency and Growth
Disclaimer
2
Some statements and estimates in this material may represent expectations about future events or results that involve risks and uncertainties known and unknown. There is no guarantee that the events or results referred to in these expectations will occur.
These expectations are based on present assumptions and analyses from the viewpoint of our management, based on their experience, the macroeconomic environment, market conditions in the energy sector and our expected future results, many of which are not under Cemig's control.
Important factors that can lead to significant differences between actual results and projections about future events or results include Cemig's business strategy, Brazilian and international economic conditions, technology, Cemig´s financial strategy, changes in the energy sector, hydrological conditions, conditions in the financial markets, uncertainty regarding future results of operations, plans and objectives as well as other factors. Because of these and other factors, our actual results may differ significantly from those indicated in or implied by these statements.
The information and opinions contained herein should not be understood as a recommendation to potential investors and no investment decision should be based on the truthfulness, or completeness as of the date hereof of this information or these opinions. None of Cemig's professionals nor any of their related parties or representatives shall have any liability for any losses that may result from the use of the content of this presentation.
To evaluate the risks and uncertainties as they relate to Cemig, and to obtain additional information about factors that could lead to different results from those estimated by Cemig, please consult the section on Risk Factors included in our Formulário de Referência filed with the Brazilian Securities Commission - CVM, and in Form 20-F filed with the U.S. Securities and Exchange Commission - SEC.
In this material, financial amounts are in R$ million (R$ mn) unless otherwise stated. Financial data reflect the adoption of IFRS
CEMIG
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Our energy transforming the lives of the people of Minas Gerais
MG
Minas Gerais has the 3rd largest
GDP in Brazil, behind only São
Paulo and Rio de Janeiro
G D P
GDP MG 2021: R$805 bn (+5.1%)
GDP Brasil 2021: R$8.7 trillion(+4.6%)
Growth Expectation 2022 : +2.26%
2nd largest population in Brazil, approx. 10% of the country's population
4th largest in size, slightly larger than France and Spain, 40% larger than California
21MM
Inhabitants
Average Income(2021) R$ 2,277
HDI (2010) 0.731
IDEB - Early years in elementary school (2019) 6.3
Source: IBGE
Brazil's Leading Power Utility
5
In the Power Industry since 1952
#415%
Market Cap
US$6.2 bn(1)
#1
Integrated Power
Utility in Brazil
Market share in the free market(2)
#4 EBITDA 2021 - R$8.0 bn
EBITDA - 1S22
IFRS - R$2.3bn / U$439mn
Adj - R$3.7bn / U$722mn
E S G
As of September 08th, 2022
In the Brazilian Energy Industry
1 0 0 %
r e n e w a b l e e n e r g y
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CEMIG - Companhia Energética de Minas Gerais published this content on 12 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2022 13:09:02 UTC.
Companhia Energética de Minas Gerais (Cemig) is one of the largest Brazilian producers of electricity. Net sales break down by activity as follows:
- electricity production, transformation, transmission, distribution and sales (91.5%): 55,045 GWh sold in 2019 and broken down into industrial customers (29.1%), residential customers (19.2%), commercial customers (17.4%) and other (34.3%);
- purchase, transportation and sales of natural gas (7.2%);
- other (1.3%).
At the end of 2019, the group had more than 80 power plants with an installed capacity of 5 955 MW.