The Price of Uncertainty

One in six UK quoted companies issued profit warnings in 2018 – the second-highest level since the end of the last recession, with a great increase in 'new' profit warnings from companies who hadn’t warned in the last year, finds this report by EY.
 
Key points include:
  • In Q4 of 2018, 74 percent of companies issuing profit warnings hadn’t warned in the last year, the highest proportion of ‘new’ companies warning in over eight years, raising the EY Profit Warning Stress Index to 87 in Q4 2018, up from 72 in the previous quarter
  • Structural change and rising uncertainty were the two major themes that drove higher profit warnings in 2018
  • The FTSE sectors with the highest number of profit warnings in 2018 were: General Retailers; Travel & Leisure; and Support Services
  • Rising uncertainty continues to affect B2B spending, with almost a third of profit warnings citing contract issues in Q4 2018 – the highest for ten years
 




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
Data-driven HR

Large corporations must radically transform their operational and organisational structures. The future lies in skills-based organisations, where talent is the cornerstone of success. Featuring commentary from: ...

Inspiring Leaders Podcast: Ho...

Exploring how to be agile as a leader in 2024, this episode is part of Criticaleye's Inspiring Leaders Podcast, featuring Host and Director of Content, Marc Barber, and special guests Sally Bridgeland, Chair, Impax ...


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 1,578




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