UPDATE 1-Renault CFO reiterates 2005 margin target


(Adds more CFO comments) ST GALLEN, Switzerland, May 19 (Reuters) - Renault's chief financial officer, Thierry Moulonguet, reiterated the firm's 2005 targets on Thursday but said higher raw material prices would lead to additional costs of 150 million to 200 million euros this year. "(We aim for) an operating margin of around more than 4 percent," which, under IFRS accounting rules, compares with about 5.1 percent in 2004, Moulonguet told Reuters on the sidelines of a conference in St ...

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