Total Q4 Profit Rises 13%

Total SA 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.