Profit warnings from group including listed housebuilders ‘hit highest level since global financial crisis’

By Daniel Gayne2023-10-30T07:51:00

Nearly half of firms issued warnings past year, says EY-Parthenon

UK-listed home construction and household goods companies issued six profit warnings in Q3, according to EY-Parthenon.

The strategy consultant’s latest profit warnings report showed 45% of FTSE-listed businesses in the sector had issued warnings in the past year, the highest level across a 12-month period since 2008.

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