Listed companies in the West Midlands issued 25 profit warnings in 2022, more than three times the number issued in the previous year, according to new research.
In the final quarter of last year, seven profit warnings were issued by companies based in the region, one fewer than in the previous quarter, according to the latest EY-Parthenon Profit Warnings report.
Nationally, the number of profit warnings issued by UK-listed companies in 2022 increased by 50 per cent year-on-year, with record levels of warnings citing rising costs.
