Profit warning wipes €2bn off Ryanair value

Ryanair shares plummeted by close to 13% — knocking nearly €2bn off the company’s value — after it said full-year profits will likely be lower than expected.

Profit warning wipes €2bn off Ryanair value

By Geoff Percival

Ryanair shares plummeted by close to 13% — knocking nearly €2bn off the company’s value — after it said full-year profits will likely be lower than expected.

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