Renault sticks to forecasts despite currency impact


PARIS, May 28 (Reuters) - The strength of the euro versus the British pound will have a negative impact on profit margins at Renault , Chairman Louis Schweitzer said, but he added that the French carmaker was sticking to its forecast for an operating margin of around four percent. "What's clear is that the fall of the British pound (versus the euro) has an impact on margins. But I am not going to correct the forecast already given," he told Reuters on the sidelines of a magazine conference ...

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