Profit warnings in region double in first quarter
North West quoted companies issued eight profit warnings in the first quarter of 2019, more than double the number recorded in the previous quarter.
The figures were revealed in EY’s latest Profit Warnings report.
Despite this significant rise, it is the lowest first quarter total for profit warnings recorded in the region since Q1 2016, compared to 12 in 2018 and 11 in 2017.
The eight warnings issued by North West firms were spread across six sectors, including Support Services, Travel & Leisure, and Personal Goods.
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