11\02\2011 RENAULT Financial Results 2010
Russian Automotive Market Research
The Group’s revenues from sales increased by 15.6%, as compared with 2009. The positive operating free cash flow* in the automotive sector of 1 670 mln euros was conditioned by increase in operating results and investment control. Dividends obtained from associated companies amounted to 88 million euros in 2010.
The net financial debt in the automotive sector amounted to 1 435 mln euros, thus decreasing by 4 486 mln euros on 31 December 2009.
Renault Group intends to get a positive free cash flow in the automotive sector exceeding 500 mln euros, inclusive of costs on research and development and investments at the rate of 9% of the sales turnover.
