People walk past a Marks and Spencer store on the Champs Elysées, on November 12, 2016, in Paris, which has since closed. (Credit: AFP.)
The British retail chain Marks & Spencer estimated Wednesday that the impact on its operating result from the cyberattack it has been a victim of for several weeks is 300 million pounds, during the presentation of its results.
"Our current estimate before mitigation measures anticipates an impact of around 300 million pounds on the group's operating result for the 2025/26 financial year, which will be reduced thanks to rigorous cost management, insurance, and other commercial actions," the company wrote in a statement.
The British retail chain Marks & Spencer estimated Wednesday that the impact on its operating result from the cyberattack it has been a victim of for several weeks is 300 million pounds, during the presentation of its results.
"Our current estimate before mitigation measures anticipates an impact of around 300 million pounds on the group's operating result for the 2025/26 financial year, which will be reduced thanks to rigorous cost management, insurance, and other commercial actions," the company wrote in a statement.