The group reported results in line with expectations as a tight range had been given by the group two weeks ago ahead of the shareholders meeting to vote for the BG deal. Q4 15 adjusted earnings came in at $1.8bn, down 44% yoy. 1) In the upstream, contributions from integrated gas were higher thanks to an improved trading performance and the effect of the strengthening Australian dollar: $493m, vs. a loss in Q3 15 and a $1.7bn gain a year ago 2) In the downstream, results were stable yoy at $

04 Feb 2016
First view: Confirmation with good trading and cost-cutting

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First view: Confirmation with good trading and cost-cutting
Shell Plc (SHEL:LON) | 2,718 706.7 1.0% | Mkt Cap: 159,104m
- Published:
04 Feb 2016 -
Author:
Alexandre Andlauer -
Pages:
2 -
The group reported results in line with expectations as a tight range had been given by the group two weeks ago ahead of the shareholders meeting to vote for the BG deal. Q4 15 adjusted earnings came in at $1.8bn, down 44% yoy. 1) In the upstream, contributions from integrated gas were higher thanks to an improved trading performance and the effect of the strengthening Australian dollar: $493m, vs. a loss in Q3 15 and a $1.7bn gain a year ago 2) In the downstream, results were stable yoy at $