Total: Q2 adjusted earnings down 19%
(CercleFinance.com) - Total has reported Q2 2019 adjusted net income that is down 19% at 2.
9 billion dollars, or 1.05 dollar per share, with its adjusted operating income of sectors that is down 14% to nearly 3.6 billion dollars.
"Fueled by the ramp up of cash flow accretive projects... debt adjusted cash flow (DACF) increased by 10% compared to the previous quarter to 7.2 B$," Chairman and CEO Patrick Pouyanné said, however.
"Consistent with its shareholder return policy, the Group increased the second interim dividend by 3.1% compared to last year to E0.66 euro per share and bought back 0.76 B$," he added.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
9 billion dollars, or 1.05 dollar per share, with its adjusted operating income of sectors that is down 14% to nearly 3.6 billion dollars.
"Fueled by the ramp up of cash flow accretive projects... debt adjusted cash flow (DACF) increased by 10% compared to the previous quarter to 7.2 B$," Chairman and CEO Patrick Pouyanné said, however.
"Consistent with its shareholder return policy, the Group increased the second interim dividend by 3.1% compared to last year to E0.66 euro per share and bought back 0.76 B$," he added.
Copyright (c) 2019 CercleFinance.com. All rights reserved.