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Exane BNP Paribas

Start of Coverage: 11-11-2004

Resume of the last report made by this analyst

We’ve updated our forecasts post Q3. Our EPS forecasts are up c4% which partially reflects Q3 earnings but also reflects a favourable move in the PLN/EUR. Our TP raises to EUR29 (from EUR28) as a result.

Analyst: Andrew Gwynn


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