Renault reports profit, shares jump
AFP: Paris, Feb 14 2013, 22:01 IST
billion euros in 2011. The company had to make writedowns owing to the fall of the Iranian currency and for restructuring charges.
Cash flow for the auto division was positive for the fourth year running, at 597 million euros.
The company, which intends to pay a dividend of 1.72 euros per share, has set a target of raising sales this year
It is also counting on a positive margin in its auto division and a positive cash treasury position from auto activities, provided that the European and French markets do not turn out to be weaker than expected.
Previous Story Wockhardt Q3 net profit zooms two-fold to Rs 428 cr Next Story Nvidia revenue outlook misses, PC and tablet chips slow
Reader's Comments| Post a Comment
Be the first to comment.
