StocksMedium•13 November 2026•
1 min read
CEMIG Adjusted EBITDA Jumps 31.1% in Q3 2026 on Strong Operational Performance
Key Facts
1CEMIG saw its adjusted EBITDA increase by 31.1% year-on-year.
2Reported net income was boosted by a R$774.6m net benefit from contingency reversals.
3The company's capex for the first nine months of 2026 reached R$5.1bn.
CEMIG saw its adjusted EBITDA increase by 31.1% year-on-year in the third quarter of 2026. TradingView reported that the company's net income was further boosted by a R$774.6 million net benefit from the reversal of legal contingency provisions, alongside a 5.1% growth in revenue.
The company's capital expenditure reached R$5.1 billion for the first nine months of 2026, focusing on grid investment and regulated business segments. Regarding market performance, CIG closed at $1.84 on November 12, 2026, having traded between a low of $1.83 and a high of $1.88 during that session.