Nearly a fifth (19 per cent) of such businesses issued at least one warning in the last 12 months.
A profit warning is a public statement issued by a company to inform its shareholders and the public that its financial performance is expected to be lower than previously anticipated.
Profit warnings citing contract and order cancellations or delays remained at a record level in Q2 (40 per cent), while 34 per cent cited tariff-related impacts, including weaker demand, supply chain disruption, and exchange-rate volatility.
Retail was among the sectors with the highest number of profit warnings during the second quarter.
EY-Parthenon is the strategy consulting arm of Ernst & Young (EY), focusing on transformative strategy and transactions.
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