UK company revenues increased for the tenth consecutive quarter in Q4, up by 10.9% year-on-year - but margins are coming under pressure in a number of sectors, according to the latest update from The Share Centre's Profit Watch UK report.
The latest quarterly report revealed profits also reached a new record but typical earnings growth has "slowed markedly", squeezing margins for the first time in two years, having fallen to 5.1% this year from 6.7% six months ago. Pre-tax profits have quadrupled in the last two years but growth took a hit in Q4 at just 1.3% to a total of £33.5bn. According to Profit Watch UK, this was the ninth consecutive quarterly expansion though it remained a long way behind the revenue increases. Overall, companies delivered an extra £41.5bn in revenues, with all sectors' revenues higher or flat ...
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