Aveva warns of hit from Russia sanctions. Revenue was impacted by the war in Ukraine and consequential sanctions on Russia as AVEVA has ceased new business in Russia. The Group continues to support existing non-sanctioned companies where there is no legal basis to terminate contracts. Russia is a relatively small market in the context of the Group, representing around 2% of revenue in FY22. The company statement: "We have terminated our contracts with all customers, except for a handful of subsidiaries of foreign multinationals, which do not fall within the remit of the sanctions and trade controls. AVEVA LLC is no longer active in Russia and has no employees." Significantly reduced revenue in 2023 vs 2022.