Renault expects significant rise in '03 results

Newswire

PARIS, Nov 22 (Reuters) - Renault SA chairman Louis Schweitzer reiterated on Saturday that he expected the revamped Megane car range to significantly push up the French automaker's net results for 2003. "The second half of 2003 will be better than the first half of this year," Schweitzer said during an investor conference. "In the third quarter, our (sales) figure has grown by about 10 percent. This strong and vigorous growth confirms us in our objective for an operating margin of 3.5 ...

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