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      "text": "Strong numbers, great FCF conversion; They should stick to their proven strategy of buying sticky, ex growth businesses with good synergy potential; Thinks the management team are very good. Cash flows are reassuring and really like the way they manage balance sheet; Hard to fault the execution and they are always all over the detail and the numbers; Management are refreshingly honest; We remain very confident on the management. It is in fact one of the key positives in the equity story",
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