Profit warnings in the North West increased by 21% in 2017
A total of 34 North West companies issued profit warnings in 2017, a 21% increase on the previous year (2016: 28), according to EY’s latest Profit Warnings report.
The full-year figure follows a fourth quarter that saw nine companies in the region issue profit warnings - two less than in the final quarter of 2016.
Across the UK, 2017 was a year of two-halves, with both the number of profit warnings and investor reaction increasing significantly in the final two quarters. Notably, the median share price drop on the day of warni... 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...
