Exclusive: DB sponsor profit warnings up 85% in Q3

Profit warnings almost double between Q2 and Q3 but remain below the 2020 peak

Hope William-Smith
clock • 2 min read
Exclusive: DB sponsor profit warnings up 85% in Q3

The number of listed companies with a defined benefit (DB) pension scheme issuing profit warnings rose 85% between July and September, according to EY.

Profit warnings analysis published today (27 October) showed a total of 13 profit warnings for Q3, compared with the seven issued between April and June. The 13 profit warnings represent around ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: Utmost Life and Pensions appoints Atos

Tender Watch: Utmost Life and Pensions appoints Atos

Partnership means digital transformation firm will lead cloud transformation journey

Professional Pensions
clock 13 February 2025 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 11 February 2025 • 1 min read
Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Trustpilot