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Published on Oct 24, 2016
A
series of profit warnings have taken its toll on the FTSE 250 including
from the likes of the IT security expert NCC as well as the
engineering firm Keller and Senior. Today, Cobham Aviation Services
released its second warning in just six months.
Laith Khalaf, senior analyst at Hargreaves Lansdown, tells Proactive: ''There are obviously some underlying issues that were already there - they've been highlighted by difficult trading conditions.''
''In terms of the companies that we've seen issuing profit warnings I don't think there's any rhyme or reason in terms of the sectors that have perhaps been hit. You could make a case that there have been certain sectors which have been struggling more than others since the EU referendum vote and probably the particular two which come to mind are the airline industry and also the retailers'', Khalaf added.
Laith Khalaf, senior analyst at Hargreaves Lansdown, tells Proactive: ''There are obviously some underlying issues that were already there - they've been highlighted by difficult trading conditions.''
''In terms of the companies that we've seen issuing profit warnings I don't think there's any rhyme or reason in terms of the sectors that have perhaps been hit. You could make a case that there have been certain sectors which have been struggling more than others since the EU referendum vote and probably the particular two which come to mind are the airline industry and also the retailers'', Khalaf added.
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