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Renault 2016 financial results: revenues up 13.1%, net income up 19.7%

Groupe Renault reported on February 10 a group operating profit of EUR 3,282 million for 2016, up 38.2% from 2015. A 6.4% operating margin was realized in 2016 as group revenues came to EUR 51,243 million, up 13.1% from 2015. The operating margin was 5.2% in 2015.
This performance is mainly explained by volume growth....

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