(Bloomberg) -- Total SA, Europe's third-largest oil company, reported an 11 percent drop in first-quarter profit because of a weaker dollar and lower energy prices.
Net income, excluding Total's Sanofi-Aventis SA stake, fell to 3.0 billion euros ($4.14 billion) from 3.38 billion euros a year earlier. That's higher than the median estimate for earnings of 2.86 billion euros from 10 analysts surveyed by Bloomberg News.
Read more at Bloomberg Energy News
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