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Shell has reported third quarter profits of £8.1bn ($9.45bn) with cash flow from operations clocking in at £10.76bn ($12.5bn) for the three months of summer trading. These profits combined with record breaking second quarter profits will result in higher dividends per share (about 15%) for shareholders. However, shareholders must take into account that the company’s net-debt increased to 41.58bn ($48.3 billion) in the third quarter, however this includes the absorption of the Sprng energy debt – after it acquired the Indian energy firm earlier this year.

Shell unveils £8.1bn profits in another monster quarter of trading

< 1 minute read

Shell has reported third quarter profits of £8.1bn ($9.45bn) with cash flow from operations clocking in at £10.76bn ($12.5bn) for the three months of summer trading. These profits combined with record breaking second quarter profits will result in higher dividends per share (about 15%) for shareholders. However, shareholders must take into account that the company’s net-debt increased to 41.58bn ($48.3 billion) in the third quarter, however this includes the absorption of the Sprng energy debt – after it acquired the Indian energy firm earlier this year.

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