UPDATE 1-Renault sees 2.8 pct operating margin for 2010


* 2010 sales up 15.6 pct to 38.97 bln eur ($53.08 bln) * Thomson Reuters I/B/E/S estimate 37.7 bln eur * Says beats free cash flow target (Adds detail, analyst comment) PARIS, Jan 31 (Reuters) - French carmaker Renault estimated that its group operating margin reached 2.8 percent last year as sales rose 15.6 percent and said it beat its target for free cash flow. The carmaker, which has been embroiled in an industrial espionage scandal, said earlier this month it sold a record 2.63 ...

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