Haleon plc

Good morning, everyone, and welcome to Haleham's four-year 2024 Q&A call. I'm Jo Russell, Head of Investor Relations, and I'm joined this morning by Brian McManara, our Chief Executive Officer, and Dawn Allen, our Chief Financial Officer. Just to remind listeners on the call that in the discussions today, the company may make certain forward-looking statements, including those referred to our estimates, plans, and expectations. Please refer to this morning's announcement and the company's UK and SEC filings in detail including factors that could lead to actual results that differ materially from those expressed in or implied by such forward-looking statements. We have posted today's presentation on the website this morning. We've prepared remarks in our video running through the results in detail, so hopefully you've all had the chance to see that ahead of this call. And with that, I'll go straight to opening the call with Q&A. Thank you, and over to Brian and Dawn.

Okay, let's open it up for Q&A.

Thank you, Brian. To ask a question, please press star followed by 1 on your telephone keypad now. If you change your mind, please press star followed by 2. When preparing to ask your question, please ensure your device is unmuted locally. We now have a question from Guillaume Dumas from UBS. Please go ahead.