On Thursday, Total CEO Patrick Pouyanné said that the company is likely to report an adjusted net profit close to $10bn for 2015, down from $12.8bn the previous year as a result of the oil price collapse. Total’s 2015 annual results are expected to be released on February 11th. The company will probably not cut the dividend and will rule out layoffs (but will not replace staff). In a press release, the Company announced that it will be focusing its Russian business on ventures wi
28 Jan 2016
Results: $10bn for 2015
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Results: $10bn for 2015
TotalEnergies SE (TTE:LON) | 6,338 0 0.0% | Mkt Cap: 151,278m
- Published:
28 Jan 2016 -
Author:
Alexandre Andlauer -
Pages:
2
On Thursday, Total CEO Patrick Pouyanné said that the company is likely to report an adjusted net profit close to $10bn for 2015, down from $12.8bn the previous year as a result of the oil price collapse. Total’s 2015 annual results are expected to be released on February 11th. The company will probably not cut the dividend and will rule out layoffs (but will not replace staff). In a press release, the Company announced that it will be focusing its Russian business on ventures wi