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      "text": "c.£100m Reduced losses**",
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      "text": "Enabling more active capital allocation Including £2bn Share Buyback in 2022",
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      "text": "Constant rate growth. See Appendix A2. ** Reduction at category contribution level: Profit from the sales of brands after deduction of directly attributable costs (including marketing) and before allocation of overheads. *** Adjusted net debt to adjusted EBITDA at current rates. See Appendix A1.",
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      "text": "We delivered the Pivotal Year in 2021",
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