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“Whatever way you cut it, it was a good result. But it was helped by strong hedging gains because sales were better than forecast.”
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“It's certainly not as radical as the headline number suggests, but it's a little bit softer than expected.”
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“We just didn't think the synergies were ever going to be as good as they thought (from the deal). The numbers they presented to the market were ambitious.”
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“I think as the reality soaks in, the result's not disappointing, but it's not up 20 percent either.”
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