CEMIG's adjusted EBITDA jumped 31.1% as provision reversals lifted net income
CEMIG reported revenue up 5.1% and adjusted EBITDA up 31.1%. A R$774.6m benefit from contingency reversals boosted reported net income, per TradingView.
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what happened
Revenue at Companhia Energética de Minas Gerais (CEMIG) rose 5.1% year on year, while adjusted EBITDA climbed 31.1%, according to TradingView.
Reported net income was helped by a one-off item: a net benefit of R$774.6m from reversals of contingency provisions.
Capital expenditure for the first nine months of 2026 reached R$5.1bn, mostly directed at regulated businesses and grid investment.
why it matters
Investors should separate operating growth from one-off effects, since provision reversals do not recur automatically; the durability of the result is better judged from EBITDA and investment in regulated operations.
market impact
Brazilian power sector: CEMIG's strong EBITDA growth supports interest in the company's shares
tags
instruments
sources
- Companhia Energética de Minas Gerais - CEMIG: Adjusted EBITDA rose 31.1%; provision reversals lifted reported net income — TradingView, 13 November 2026 at 00:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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