Renault H1 oper profit slides, net up on Nissan

Newswire

PARIS, July 24 (Reuters) - French carmaker Renault on Thursday posted a slide in first-half core profits amid shaky demand in western Europe and an ageing model line-up but net profit jumped thanks to its Japanese partner Nissan . It also said it was now aiming for an operating margin of between 3.5 percent and four percent for the full year, compared to a target of around four percent previously and versus 4.1 percent in 2002. Renault said it was aiming to boost its net income this year ...

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