Profit warnings at three-year-high for West Midlands’ listed companies
Profit warnings from listed companies in the West Midlands reached a three-year high in 2017, with the final quarter accounting for almost half of the those for the whole year.
EY’s latest Profit Warnings report shows a total of 17 profit warnings were issued in 2017, up from 12 in 2016. The final quarter saw eight profit warnings, compared to just five in the previous quarter and three in the same quarter of 2016.
The West Midlands followed the national trend which saw 81 profit warnings in Q4 2017, up from 75 in Q3 and 11% h... 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...
