Co-op reveals the financial impact of the cyber attack

Co -operative group It turns out that this has been submerged for the underlying pre-tax loss of £ 75 million for the first half of the year, mainly from a “malicious” from a “malicious” due to earnings of £ 80 million from a “malicious”. Cyber attack In April.

This is a significant slowdown from the £ 3 million profit reported in the same period last year.

The retailer confirmed that the cyber phenomenon, which led to widespread disruption, including the issues of payment for vacant shelves and shopkeepers, Estimated £ 206 million affected sales.

This contributed to a shock of £ 80 million for direct earnings, including an amount that included £ 20 million non-underwalling one-closed cost.

Six months to July 5, Cooperativeness A £ £ 32 million was recorded in the underlying operational loss, contrary to the earnings of £ 47 million achieved a year ago.

The group hopes to face low, low, financial impact in the second half of their financial year.

Cooperative group in April — The cooperative group has revealed for a half -year loss after an earning of about 80 million pounds from the “malicious” cyber attack in April. ,Cooperativeness,

Cum-up president Debbie White said: “In the first half of 2025, significant challenges came, especially from a malicious cyber attack.

“Our balance sheet strength and the superb response to our 53,000 colleagues enabled us to maintain important services for our members and their communities.”

Co-up stated that hacking attempt was “sophisticated”, but it “acts quickly and decisively” to temporarily close many systems to contain the danger.

The group shut down parts of their IT system after the attack, in which Hacker The individual data of the members was accessed and extracted.

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It confirmed in July that all 6.5 million members of the co-op had stolen their data in the incident.

The group had earlier stated that hackers made a copy of one of the firm’s files, but were unable to attack its platforms and install planned ranges.

A man walks from empty shelves in a branch of cum-up in Manchester after major cyber attack ,Country,

It said that post -incident efforts include steps to run essential services, such as its funeral business, while villagers prioritize stocks of “lifeline” stores.

It also stated that it supported independent cum-up societies and franchise partners to reduce disruption for them, while it offered its members a £ 10 discount from £ 40 shop, which was thanks to their support in full disruption.

Chief Executive Shirin Khauri-Haq said: “The cyber attack threw light on many of our powers.

“But even more importantly, it has highlighted areas that we need to focus on – especially in our food business.

“We have already started on this journey, our members and customers refine the proposal, make structural changes in our business, and establish us Associate,Session For long -term success. ,