Companhia de Saneamento de Minas Gerais logo

Companhia de Saneamento de Minas Gerais (CSMG3)

Market Closed
20 Dec, 19:55
B3 B3
R$
22. 07
+0.49
+2.27%
R$
9.64B Market Cap
- P/E Ratio
1.41% Div Yield
1,906,200 Volume
- Eps
R$ 21.58
Previous Close
Day Range
21.6 22.22
Year Range
19.02 26.42
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CSMG3 Chart

Companhia de Saneamento de Minas Gerais Profile

Utilities - Regulated Water Industry
Utilities Sector
Mr. Guilherme Augusto Duarte de Faria CEO
B3 Exchange
BRCSMGACNOR5 ISIN
Brazil Country
9,542 Employees
- Last Dividend
26 Nov 2020 Last Split
8 Feb 2006 IPO Date

Overview

Companhia de Saneamento de Minas Gerais, more commonly known by its acronym, is a pivotal entity in Brazil's water supply and sewage treatment sector. The company's activities span across a broad spectrum, encompassing the planning, design, execution, expansion, remodeling, and management of water and sewage services not just within Brazil, but also on an international scale. Originally established as Companhia Mineira de Água e Esgotos, it underwent a name change in November 1974 to better reflect its expanded scope and capabilities. Founded in 1963, its headquarters is situated in Belo Horizonte, Brazil, marking its long-standing commitment to improving public sanitation and water management practices in the region.

Products and Services

  • Water Supply

    Companhia de Saneamento de Minas Gerais specializes in the supply of drinking water, ensuring that households and businesses across its service areas have access to clean, safe, and reliable water. This includes the entire process from source to distribution, highlighting the company's pivotal role in public health and wellbeing.

  • Sewage Treatment

    The company engages in the comprehensive collection, recycling, treatment, and final disposal of sanitary sewage. This process is crucial for preventing waterborne diseases and protecting water sources from pollution, thus ensuring the environmental and public health safety.

  • Drainage and Management of Urban Rainwater

    It plays a vital role in the management of urban rainwater, including its drainage systems. This service is essential for preventing flooding, reducing soil erosion, and managing stormwater in a way that supports sustainable urban development.

  • Waste Management Services

    The company also extends its expertise to the collection, transport, transfer, treatment, and proper disposal of urban, domestic, and industrial waste. By doing so, it addresses critical aspects of environmental protection and sustainability, ensuring that waste does not contribute to pollution or harm the ecosystem.

Contact Information

Address: Rua Mar de Espanha, 525
Phone: 55 31 3250 2015