Renault said strong demand outside western Europe and the good performance of its Megane range lifted its results.
Renault sold more than 2.4 million vehicles in 2004, an increase of 4% on the previous year. Growth came mainly from outside western Europe, with particularly strong sales in Turkey, Russia and North Africa.
Sales outside western Europe rose 16.5%.
Japanese carmaker Nissan - in which Renault owns a 44% stake - contributed €1.7bn (£1.17bn) in net income over the year.
"In a sluggish market and an environment impacted by the rise in raw material prices, Renault intends to continue to grow its global sales," the company said in a statement.