Improved Forecasting a Must for Aim Market: Warning

Summary


COMPANIES on the Alternative Investment Market (Aim) need to adopt better financial forecasting and improve communication with investors to secure more funding as the junior market increases in popularity.

Colin Dempster, corporate restructuring partner at Ernst & Young, said the level of profits warnings among companies on the Aim market was on the rise and leading to increased scrutiny from investors.

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Extract


Improved Forecasting a Must for Aim Market: Warning

Dempster said: "Its light regulatory burden is one of Ai...

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