Analysis of UK Profit Warnings
We have tracked profit warnings from UK-registered companies since 1999, giving us powerful insight into business, capital and economy.
What is a profit warning?
A profit warning is an official statement to the stock exchange from a publicly listed company that says that it will report full-year profits materially below management or market expectations.
Our analysis of UK-registered companies listed on the UK’s Main Market or Alternative Investment Market provides you with insights into profit warning trends and key economic, sector and market issues facing UK businesses. You can delve into the latest quarter’s findings and access over 15 years’ worth of data at the click of a button through our console. Use our profit warning data to understand trends and identify the forces affecting your market and reshaping your path ahead.
UK Profit Warnings Q1 2024 headlines
UK-listed companies issued 70 profit warnings in Q1 2024, falling 7% year-on-year from 75 issued in Q1 2023. But, the percentage of companies warning in the last 12 months continued to rise, hitting 18.7% in Q1 2024, up from 18.2% in the previous quarter and 17.7% at the peak of the credit crisis in 2008.
The reasons behind this rise underline why this is still a testing environment for UK companies. Macro-economic pressures are less intense but haven’t relented. The full impact of interest rate increases is yet to come, and business and consumer confidence is still weak. Meanwhile, these pressures are still catching up with some companies and sectors; prolonged economic pressure is exposing internal weaknesses, and companies are responding to regulatory action.
The economic outlook has improved, but this is still subject to what is now accustomed uncertainty. Companies still need to be prepared for a wide variety of outcomes in 2024.
In the last 12 months,
18.7%of UK listed companies issued profit warnings.
In the last 12 months,
25%FTSE Support Services companies have warned.
In Q1 2024,
11of UK listed companies issued profit warnings.
In Q1 2024,
61%UK companies warned for the first time in 12 months.
Download our Profit Warnings Q1 2024 report.
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