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Investment is another word for costs, and they are rising. The marketing and advertising required to shift goods almost doubled this year to £40.9m, from £21.2m last year. Mr Robertson said that marketing costs were 5.3pc of sales by the year end and he expects it to rise further to 6pc of sales in the current year. With consensus estimates forecasting sales of £998m, that is another £60m of costs on advertising and marketing.
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