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Total Q4 Profit Rises 13%

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Total SA (NYSE: TOT) posted a 13% gain in its fourth-quarter profit.

Total's quarterly adjusted net profit climbed to 3.08 billion euros ($4.14 billion), versus EUR2.73 billion, in the year-ago period. However, analysts were expecting a net profit of EUR3 billion.

Its revenue rose 5% to EUR49.89 billion, from EUR47.49 billion.

Total shares closed at $51.40 yesterday.

Posted-In: profitEarnings News

 

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