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Apr 29 2022, 07:05 IST/BST
The shift to a more capital-light model has dramatically increased our forecasts for shareholder returns in FY22-24 from 22.5c to 50.8c aggregate on the back of significant free cash generation. We still expect material growth in earnings well into the medium term, and we have increased our price target to €1.46 from €1.41.
Apr 29 2022, 07:05 IST/BST