Danish retail group Dansk Supermarked has posted a profit of DKr1.2bn (US$173.2m) for the 2001/02 fiscal year, up 39% on the previous year.

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The group, which owns discount supermarket chains Netto, Bilka and Fotex, reported a turnover of DKr41bn for the year, up 8% year-on-year, reported the Danish News Digest.

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