Portugal’s second-largest retailer Jeronimo Martins has said that its preliminary figures show a turnover of €3.9bn (US$4.1bn) for 2002, up 2.3% from the previous year.

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While the company’s retail sector sales increased, its manufacturing and service units posted a slight slowdown.

Jeronimo Martins did not give an estimate of the company’s net income for 2002, reported Reuters.

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