Into the Unknown

This report by EY finds that UK quoted companies issued a record 301 profit warnings in Q1 2020, higher than the average annual total. Three-quarters of warnings cited the impact of COVID-19.
 
Key points include:
  • 301 profit warnings were issued in Q1 2020, compared to 313 in the whole of 2019
  • 21 percent of UK quoted companies warned in Q1 2020 - higher than the percentage of companies warning in the whole of 2008
  • 77 percent of warnings in Q1 2020 cited COVID-19
  • FTSE Travel & Leisure companies have been most dramatically affected, with 70 percent of the sector warning.




Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Click here to download this insight
Navigating Growth: CFOs at th...

The CFO of a growth company is tasked with laying out the financial pathway to support its growth objectives. This involves fundraising, capital allocation and reporting, but nowadays the role is much broader. Criticale...

Click here to download this insight
True Diligence - Research Fin...

With increasing pressure on businesses to ‘do no harm’, leaders need to ask themselves: ‘what do we want to stand for as a business’? In the report based on opinion research from 1,200 C-Sui...

Click here to download this insight
IPEM Private Equity Pan-Europ...

Despite the presence of significant market challenges and rising political risk, will 2024 be a good year for dealmaking? In this report, Criticaleye Partner AlixPartners explores how European private equ...


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 2,267




Workday E.ON UK Veolia Water Technologies Robert Walters Accenture NATS Drax Group plc Royal London Group Eton Bridge Partners AlixPartners London Stock Exchange GlaxoSmithKline plc Google Legal & General Investment Management Concentrix LDC Bunzl plc Lightsource bp Mayborn Group Amazon UK Redwood Bank Tullow Oil plc