According to EY-Parthenon’s latest Profit Warnings report, UK-listed companies issued eighty-four profit warnings between July and September 2024 — the highest quarterly total for two years. The report found that profit warnings from UK-listed companies rose 11% compared with Q3 2023, and the proportion of those that have issued a warning over the last year now stands at 19.2% — the highest rolling 12-month percentage since the pandemic and, before that, since 2001. Leading factors behind Q3’s profit warnings included contract and order cancellations or delays, cited in 38% of warnings, the highest percentage for this reason in fifteen years. Falling sales also triggered a third (33%) of the quarter’s warnings. To read EY’s news release, go to https://www.ey.com/en_uk/newsroom/2024/11/profit-warnings-uk-listed-companies-two-year-high-q3.