Profit warnings rise 46 per cent

Monday 25 January 1999 00:02 GMT

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Profit warnings rise 46 per cent

PROFIT WARNINGS rose by almost a half in the last quarter of 1998 according to a report today from Ernst & Young. There were a total of 126 warnings - 46 per cent increase on the third quarter - with companies blaming declining domestic sales and export difficulties as the two most common factors.

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