RPT-UPDATE 1-Renault keeps cash focus; Q1 sales drop 31 pct

Newswire

(Repeats to additional subscribers with no changes to text) * Renault Q1 sales 7.08 bln euros vs 7.573 bln estimate * Renault reiterates focus on positive free cash flow * Renault shares close up 3.06 pct before sales release (Adds detail) PARIS, April 29 (Reuters) - French carmaker Renault on Wednesday posted a 31 percent drop in first quarter sales to 7.08 billion euros, missing forecasts, and reaffirmed its focus on generating positive free cash flow in 2009. France's number two ...

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