Ernst & Young’s analysis of UK profit warnings | Profit Warnings of UK quoted companies Q4 2011 Profit warnings (440K, January 2012) increased by more than 70% in Q4 2011, which saw the performance of UK listed businesses polarised between those companies which continue to outperform expectations and the perennial underachievers. Also read our press release. Profit Warnings fall as businesses and analysts downgrade expectations Profit warnings from UK quoted companies dropped significantly in Q3; but diminished expectations, rather than economic improvement is behind much of the fall. Read the full report and the press release. Retail on the ropes again The bleak midwinter has merged into a cheerless summer for listed retailers, which have issued 26 profit warnings in the first six months of 2011, more than they issued during the whole of 2010 and almost twice as many as in 2009. With consumers burdened with rising inflation, increasing debt and diminishing job security, high street spending has been significantly reined in. Read the full report and the press release. Keep up-to-date Register to receive e-mail updates whenever a new Profit Warnings report is published. |
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