BOULOGNE-BILLANCOURT (dpa-AFX) - Groupe Renault (RNSDY.PK, RNSDF.PK, RNT.L) reported Group revenues of 13.1 billion euros in first quarter 2017, up 25.2% from prior year. Excluding the impact of the consolidation of AVTOVAZ, Group revenues increased by 19.7% to 12.6 billion euros (up 18.4% at constant exchange rates). First quarter sales rose by 15.8% to 873,678 vehicles (at constant scope, including Lada).
For 2017, Groupe Renault continues to expect: increase Group revenues, beyond the impact of AVTOVAZ (at constant exchange rates); increase Group operating profit in euros; and generate a positive automotive operational free cash flow.
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