Total (TOT): Q3 adjusted net profit +20% to €3.35B. Actual net profit -7.5% to €3.07B vs...

|By:, SA News Editor
Total (TOT): Q3 adjusted net profit +20% to €3.35B. Actual net profit -7.5% to €3.07B vs consensus of €3.1B, with earnings hurt by €800M impairment mainly related to U.S. shale gas assets. Revenue +8% to €49.9B. Output 2.27M bpd of oil equivalent vs 2.32M bpd last year. On track to sell $15B-$20B of assets in the coming years, with proceeds reaching $5B so far. (PR)