Belgian discount supermarket chain Colruyt has backed its full-year profit forecast of €123m (US$131.8m).

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“Chairman Jef Colruyt reiterated the profit forecast at an investor conference,” Jean de Leu, Colruyt’s secretary to the board, was quoted by Dow Jones International News as saying.


In January, the company raised its previous forecast of €118m to €123m.


Colruyt, whose financial year ends on 31 March, is due to report full year results on 26 June.

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