Royal Dutch Shell (RDSA) has remained cautious on shareholder payouts after a mixed bag of results for the three months to 30 September. The supermajor saw its preferred profit metric of adjusted net income on a current cost of supplies basis fall 15 per cent year on year to $4.8bn (£3.7bn), but this beat analyst expectations by 22 per cent.
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Chris Dillow's Benchmark Portfolio
Defensives come back
Defensive stocks did very well in 2019. This is not as surprising as it seems
Chris Dillow