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Segment Information - Geographical Area
6 Months Ended
Jun. 30, 2018
Text block1 [abstract]  
Segment Information - Geographical Area

4 SEGMENT INFORMATION - GEOGRAPHICAL AREA

 

First Half

   Asia /
AMET /
RUB
     The
Americas
     Europe      Total  

Turnover ( million)

           

2017

     12,085        9,077        6,563        27,725  

2018

     11,735        8,083        6,534        26,352  

Change (%)

     (2.9      (11.0      (0.5      (5.0

Impact of:

           

Exchange rates (%)*

     (10.3      (12.8      (0.8      (8.9

Acquisitions (%)

     2.0        3.5        0.4        2.1  

Disposals (%)

     –          (0.5      (0.3      (0.2

Underlying sales growth (%)

     6.1        (0.8      0.2        2.5  
  

 

 

    

 

 

    

 

 

    

 

 

 

Price (%)*

     0.9        (0.3      (0.5      0.2  

Volume (%)

     5.1        (0.5      0.7        2.2  
  

 

 

    

 

 

    

 

 

    

 

 

 

Operating profit ( million)

           

2017

     2,070        1,704        1,073        4,847  

2018

     2,248        1,156        1,070        4,474  

Underlying operating profit ( million)

           

2017

     2,211        1,538        1,177        4,926  

2018

     2,317        1,333        1,262        4,912  

Operating margin (%)

           

2017

     17.1        18.8        16.3        17.5  

2018

     19.2        14.3        16.4        17.0  

Underlying operating margin (%)

           

2017

     18.3        16.9        17.9        17.8  

2018

     19.7        16.5        19.3        18.6  

 

* 2018 underlying price growth in Venezuela has been excluded from the Price rows in the tables above, and an equal and opposite adjustment made in the Exchange rate rows.

The adjustment made at Total Group level in these tables in respect of 2018 price growth in Venezuela was 1.3% for the first half. Prior to this adjustment being made, first half price growth at Total Group level would have been 1.5% and exchange rate impact would have been (10.1)%. The corresponding adjustments for the Americas was 4.2% for the first half. There is no adjustment in the other geographical areas.