EY-Parthenon’s latest Profit Warnings report found that one in five (19%) UK-listed companies issued a profit warning in 2024, the third highest annual proportion in twenty-five years, behind only the 2020 pandemic (35%) and the impact of the dot-com bubble burst and 9/11 in 2001 (23%). EY-Parthenon’s report found that UK-listed companies issued 274 profit warnings last year – including 71 in Q4 – down slightly from the 294 issued during 2023. The leading factor behind profit warnings in 2024 was contract and order cancellations or delays, cited in 34% of warnings, including 39% in Q4 – the highest quarterly percentage for this reason in more than fifteen years. Increasing costs triggered nearly one in five (18%) warnings in the last 12 months. To read EY’s news release, go to https://www.ey.com/en_uk/newsroom/2025/01/one-in-five-uk-listed-companies-issued-profit-warning-in-2024.