Renault sets new mid-term goals after record earnings

By Laurence Frost and Gilles Guillaume PARIS (Reuters) - French carmaker Renault posted record full-year sales and profits on Friday and set itself ambitious new mid-term goals for both after earnings were boosted by a comprehensive revamp of its product range. Operating profit jumped 38 percent to 3.282 billion euros in 2016 on 51.2 billion euros in revenue, up 13.1 percent, Renault said. The results were achieved "in spite of the fact that some of our important markets are still significantly