Total sees solid 2019

IN A change of pace to the others, French major Total has reported a solid fourth quarter for 2019, with a cash flow increase of more than 20% compared to the same quarter last year despite the drop in the oil price and European gas prices.

Total sees solid 2019 Total sees solid 2019 Total sees solid 2019 Total sees solid 2019 Total sees solid 2019

Bucks the trend of other majors, cash flow up more 20%

 
Cash flow before working capital changes totalled US$7.4 billion in the quarter ending December 31, and adjusted net income was stable at $3.

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