More than 100 listed companies in Britain warns of the impact of the war in Ukraine

According to research by wealth manager Bowmore, more than 100 UK listed companies have warned of the adverse effects of the war in Ukraine and few have yet to measure the impact on their profits.

Bomore said most of the 115 companies she identified warned of the special effects of their activities in the region, while many others pointed to the broader macroeconomic risks generated by the war, according to Bloomberg and Al Arabiya.net.

The list included FTSE 100-listed companies sounding the alarm, including BP, Shell, JD Sports Fashion and British American Tobago, while Imperial Brands cut its full-year net revenue forecast when it announced its his plans to get out of Russia.

Even before the invasion, some British companies had warned of the effects of rising costs and disruption of the supply chain due to the COVID-19 virus, but the impact was amplified by the war.

Fevertree Drinks Plc Lowered Earnings Forecasts After Invasion Soaring Commodity Prices prime. The Ocado group blamed the war for exacerbating inflation uncertainty.

However, in the midst of a large negative impact on earnings, a handful of companies listed on the UK stock markets have identified the potential benefits. Ferro-Alloy Resources, a based mining company in Kazakhstan sees sharp falls in Russian and Kazakhstan currencies that lower operating costs, while some LSE-listed investment funds have indicated they will benefit from rising commodity prices prime.

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