Renault's profit is weighed down by expansion costs

Article Abstract:

Renault SA posted a drop of 68% in its net income for the 2000 first-half. The company, hurt by expansion costs, posted 233 million euros for the period in net income.

Renault net falls within expectation

Article Abstract:

Renault SA posted 534 million euros in net income for the 1999 year. The figure was what analysts had expected. The company was helped by cost-cutting in 1999.

Renault profit advances 63% in '98 on European sales; auto maker credits cost savings, demand for small car, minivan

Article Abstract:

Renault S.A. showed an increase in profits of 63% for 1998. The French car manufacturer posted after tax profits of $1.484 billion. The coming year will prove a test for the company, as the market continues to be represented by copmpanies consolidating. At present, however, Renault is producing at near capacity.

Comment:

Renault S.A. shows an increase in profits of 63% for 1998.

United States, Abstract