According to EY-Parthenon’s latest Profit Warnings report, UK-listed companies in the FTSE Construction and Materials sector issued eight profit warnings during H1 2025, four times the number issued during the same period last year and the highest total since the Covid-19 pandemic in 2020. Listed firms in the sector issued three profit warnings in Q2, down slightly from the five recorded during the first quarter, which already equalled the total for the whole of 2024. Overall, UK-listed companies issued 121 profit warnings in H1 2025, including 59 during the second quarter. The leading factor behind profit warnings in Q2 was policy change and geopolitical uncertainty, cited in nearly half of the warnings. To read EY’s news release, go to https://www.ey.com/en_uk/newsroom/2025/08/construction-companies-most-profit-warnings-since-pandemic.