Dutch supermarket chain Coop has generated turnover for 2002 of €283m (US$295.7m), an increase of 14.3% compared to the previous year.

The CoopCodis subsidiary’s 2002 net profit is expected to be similar to its net profit in 2001 of €5.4m.

Coop expects to open its 100th store during 2003, reported the Dutch News Digest.