Renault profit slumps, but sees stability ahead

“Net profit last year fell to 3.30 billion euros ($3.73 billion) from EUR5.21 billion a year ago” writes Max Bernhard for The French auto maker said it will propose a dividend of EUR3.55 a share, the same as last year.Looking to the year ahead, Renault said it expects European and global markets to remain stable if there isn’t a disorderly Brexit.

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