Renault SA banks a 54% increase in first-half net profit compared with like-2004, earning €2.17 billion ($2.6 billion) during the period to outpace analysts' earnings forecasts by 10%. The auto maker cites gains from sales of assets and strong results at partners Nissan Motor Co. Ltd. and AB Volvo as fodder for the performance. Renault reaffirms its guidance that operating margin in 2005 will exceed 4%, compared with 5.9% year-ago. However, the auto maker says its 12-month performance ...
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