Renault Revenue Gains Despite Bad-Weather Impact for Dacia

Renault SA’s revenue rose during the first-quarter with growth in financial services offsetting a drop in registrations for the Dacia brand.

Sales were higher at €12.5 billion ($14.6 billion), Renault said Thursday, ahead of analyst estimates polled by Bloomberg. The group reaffirmed its full-year target for operating margins, pointing to a strong order book and a jump in electric vehicle sales.