Renault hits record sales and profit on Lada, Nissan contribution

PARIS, July 28 (Reuters) - French carmaker Renault said first-half sales and profit rose to a new record, buoyed by the consolidation of Lada maker AvtoVAZ and a bigger contribution from affiliate Nissan.

Operating profit jumped 18 percent to 1.82 billion euros ($2.13 billion), Renault said on Friday, in step with the increase in revenue to 29.5 billion - boosted by the inclusion of its Russian subsidiary's numbers since the start of 2017.

Renault's group operating profit margin edged up to 6.2 percent from 6.1 percent, with core auto division profitability also rising 0.1 points to 4.8 percent.

Net income surged 58 percent to 2.38 billion euros, helped by 1.29 billion euros in profit from Renault's 43.4 percent Nissan stake - up 72 percent on last year's contribution.

($1 = 0.8554 euros) (Reporting by Laurence Frost and Gilles Guillaume; Editing by Sudip Kar-Gupta)