Renault sees 2007 operating margin of 3 percent

Newswire

PARIS, July 27 (Reuters) - French carmaker Renault said on Thursday it expected a 2007 operating margin of 3 percent, with the margin expected to widen to 4.5 percent in 2008. "We are putting hurdles on the track. We aim for an operating income (margin) of 3 percent in 2007 and 4.5 percent in 2008," Chief Executive Carlos Ghosn told reporters.

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