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Birmingham Post
Birmingham Post
Business
Tom Pegden

Revealed: The number of profit warnings issued by listed companies in the Midlands and how they compare

EY East Midlands Midlands Inflation

Listed companies within the Midlands recorded seven profit warnings in the first three months of the year as they came to terms with rising inflation and the war in Ukraine.

The number was one up on the previous quarter but still down on the start of the last three years, according to the latest EY-Parthenon report.

Nationally the UK’s listed companies issued 72 warnings in the first quarter of 2022, with 43 per cent due to concerns over rising costs.

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