Surprise Profit Hike for Shell

Evening TimesApril 30, 2004

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Summary


OIL giant Shell surprised markets today by reporting a 9% hike in profits as it battled to restore its battered reputation.

Underlying profits for the first three months of the year rose ahead of City expectations to (pounds) 2.4billion, despite declining oil output.

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Surprise Profit Hike for Shell

Investors were also boosted by news Shell will ...

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