Ryanair profits fall after Italian anti-competition fine

Ryanair has reported a sharp fall in quarterly profits after it was fined by Italy's competition watchdog for abusing its market position over travel agencies.The budget airline posted post-tax profits of €30m (£26m) for the three months to December, down from €149m (£112m) a year earlier – an 83% drop.But the company remained confident saying it expected passenger numbers to grow by 4% to almost 208 million this…