Highest number profits warnings for East Midlands business in a decade
East Midlands quoted companies issued a total of 19 profit warnings in 2016, compared to 12 in 2015 – the highest number of warnings since 2008 when quoted companies in the region issued 23 warnings. Retail was the FTSE sector with the highest number of warnings (8) in the East Midlands, according to EY’s latest Profit Warnings report.
The number of warnings doubled in the region doubled to six in Q4 2016, compared to three in the previous quarter and three in the final quarter of 2015.
This contrasts with the national trend whi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
