Profit warnings dog listed firms, EY research finds

By Dave Rogers2021-05-05T10:08:00

Accountant says ending of government support during pandemic could spark rise in insolvencies

More than 40% of the UK’s listed construction firms issued a profit warning in the year to the end of March, according to the latest research from EY-Parthenon.

The accountant said 16 construction and materials firms issued at least one profit warning during the period – around 44% of those listed on the Stock Exchange.

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