Marks & Spencer in ‘best financial health for 30 years’ but cyber attack cost bites deep
While M&S reported its highest profits in over 15 years, it has also revealed the true cost of the cyber attack which continues to wreak havoc on the retailer.
In its full year result for the 52 weeks to March 29, 2025, M&S said it would lose an estimated £300m as a result of the cyber-attack which has forced it to halt online orders and has led to availability issues on shelves at certain stores.
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