Scotland hits highest number of profit warnings per quarter on record
Scotland has logged the highest number of profit warnings for Scottish head-quartered companies on record for the first quarter of 2016, according to EY’s latest Profit Warnings report.
During the first quarter of this year a total of nine warnings were issued by Scottish companies registered in Scotland three more then in the previous quarter. This is more than three times greater than the Q1 average (2.5) for the last ten years and seven more than Q1 2015.
Hear more from Colin Dempster, head of restructuring at EY Scotland