Tag Archives: postpones profit goal again

Renault CEO Ghosn postpones profit goal again

Renault CEO Carlos Ghosn’s latest revenue and profit targets for the automaker have sparked mixed reaction from analysts, some saying the company was playing it safe while others were more skeptical.Ghosn aims to increase revenue by about 25 percent to 50 billion euros in 2017, a year later than originally planned, and to boost operating margin to 5 percent, up from 3 percent last year.