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Total: adjusted earnings divided by three in 2020

(CercleFinance.com) - Total has published 2020 adjusted net income (group share) that has been divided by three to 4.
06 billion dollars, which has reduced the oil and gas group's adjusted EPS to 1.43 dollars, although this still significantly exceeds the consensus.

In this particularly difficult context, the group immediately implemented an action plan and proved its resilience thanks to the quality of its portfolio and its integrated model, with cash flow generation of nearly 18 billion dollars, Total said.

Also boasting its financial solidity, with gearing of 21.7% at the end of 2020, at its AGM scheduled for 28 May 2021 Total will propose the payment of a final dividend of 0.66 euro per share, thereby setting the dividend for 2020 at 2.64 euros per share.



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