Shares in fruit distributor Fyffes fall sharply in Dublin after the company warned that high oil prices would knock around €9m off its expected profits for this year.
The company said a recent increase in the cost of shipping fuel had been higher than expected and was not being recovered by charging higher prices.
'This situation is expected to persist in the medium term,' a statement said.
Fyffes shares closed down 15 cent ao €2.01 in Dublin.
