Report
Ahmed Ben Salem

Royal Dutch Shell Plc : Résultats T2 et génération de cash décevants mais consolation avec le lancement du rachat d’actions

>Résultats T2 2018 largement inférieurs aux attentes - Le RNpg ajusté du T2 ressort à 4.691 Md$, -13% QoQ/+30% YoY, soit -25%/-21.4% en dessous de nos attentes et de celles du consensus en Downstream et dans une moindre mesure en Upstream. Le CCFO avant variation du BFR ressort en ligne avec les attentes à 11.6 Md$. Légère déception en Upstream, Integrated Gas en ligne - En Upstream, le résultat ressort à 1.457 Md$, -6% QoQ/+330% YoY, et 27% inférie...
Underlying
Royal Dutch Shell Plc Class A

Royal Dutch Shell is a holding company. Through its subsidiaries, Co. is engaged in the oil and gas industry. Co. reports its business through four segments: Integrated Gas, which engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products; Upstream, which engaged in the exploration for and extraction of crude oil, natural gas and natural gas liquids; Downstream, which engaged in oil products and chemicals manufacturing and marketing activities; and Corporate, which comprising Co.'s holdings and treasury organisation, its self-insurance activities and its headquarters and central functions.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ben Salem

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