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M&S estimates £300m hit from cyberattack as FY profits tank

By Benjamin Chiou

Date: Wednesday 21 May 2025

(Sharecast News) - Marks & Spencer has said it expects current-year profits to take a £300m hit from a "highly sophisticated" cyber incident that has hampered operations over the past month.
The attack has hit food sales through reduced availability, while waste and logistics costs have risen due to the...

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