Business

Profit warnings from travel & leisure companies fall to 7-year low

In total, it said the FTSE travel and leisure sector, which also includes restaurants and bars, issued just 11 profit warnings in 2021

Profit warnings issued by FTSE travel and leisure companies fell to their lowest level in seven years in 2021 despite the sector experiencing another challenging year, according to EY-Parthenon’s latest Profit Warnings report.

In total, it said the FTSE travel and leisure sector, which also includes restaurants and bars, issued just 11 profit warnings in 2021, from 16% of the sector.

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