Home | Login | Contact

Who    What    Why



INSIGHTS



  COMMUNITY ARTICLE

Forecasts on the Line

UK profit warnings rose substantially year-on-year to hit 58 in Q2 2018, 13 (29 percent) more warnings than the same period in 2017, finds this report by EY.

Key points include: 
 

  • The year-on-year rise in profit warnings stems mostly from consumer sectors and increasing contract disruption, which is cited in 29% of warnings in Q2 2018 — a six year high
  • The FTSE sectors with the highest number of warnings in Q2 2018 were: General Retailers (7), Software & Computer Services (6), and Travel & Leisure (5).
  • Almost a quarter of FTSE General Retailers warned in the first half of 2018. The sector issued 20 warnings in in H1 2018, doubling the figure set in H1 2017.
  • Retail remains under relentless pressure, with options to meet falling spend, rising costs and intense competition limited as landlords toughen their stance on Company Voluntary Arrangements (CVAs).







Click here to download this insight








Related Insights

Controlling Your Equity Narrative In Transition Is Everything that Counts Being Counted?
Other Insights Contributed by EY, More London Place:
Rebalancing the Economy Bridging the Gap Embankment Project for Inclusive Capitalism Corporate Governance on AIM IPO Eye: Q3 2018 Can the Economy Overcome Heightened Brexit Uncertainties? Demonstrating Purpose, Creating Value 2018 UK Corporate Governance Code and New Legislation Tech Listings Fuelling the London IPO Market Will the Clouds Clear for the Economy? Top Priorities for European Boards 2018 In Transition Is Everything that Counts Being Counted? EY ITEM Club Spring Forecast UK Attractiveness Survey: Inward Investment after Brexit 2018 Strategic UK Regulatory Outlook How Can Divesting Fuel Your Future Growth? Will the UK Economy Hold up as Brexit Nears? Warning Signs - An Analysis of Profit Warnings Trust in Data and Why it Matters How Does the Treasury Function Adapt to the Future? Politics, Populism and Trust in Business Diverging Fortunes: An Analysis of Profit Warnings The Long and Winding Road to Corporate Governance Reform The Outlook for Financial Services EY's UK Attractiveness Survey EY ITEM Club Summer Forecast 2017 Future Proofing Corporate Governance IPO EYE: Has the Main Market Climbed its Way Back? The CFO and Finance Function in a 4.0 World

Related Insights

Your Peers Also Read

The Future of the Workplace CEO Research Results 2018 Reviewing Your Top Team as a New CEO HRD Research Results 2018 Six Elephants in the Boardroom