Net profit is 2.73 b€ (1.67 b€ own profit and its share in the net income of Nissan and AB Volvo), compared with 2.96 b€ in 2006.
– Quality with warranty expenses fell 25% between 2005 and 2007
– Profitability from productivity and cut costs across the entire company
– Growth with a revamped product line-in (Clio, Twingo, Laguna) and extended to new segments (Logan Van, Sandero, Koleos, clio estate)
Renault therefore confirms its operating margin target of 4.5% for the year and an increase of more than 10% in Group sales compared to 2007.