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Co -operative group This week is ready to disclose full financial results of an important cyber attack when releasing its latest results.
The April incident caused massive disruption, causing buyers to face vacant shelves and payment difficulties in its stores.
On Thursday, the veteran company of retail and funeral will unveil its first half 2025 figures, which will include severely affected periods from violations.
The company was forced to close parts of its IT infrastructure after hackers accessing and removing members of members.
It was confirmed in July that personal details related to all 6.5 million Cooperativeness The members were stolen.
Chief Executive Shirin Khauri-Haq said that all the members were accessible to “name, address and contact information”.
He said that hackers made a copy of a firm file, but were unable to attack its platform and install planned ransomware.
However, the company has not yet revealed the complete financial impact of the crime, which has affected store transactions and product availability.
This cyber attack was one of the several attacks against the UK retailers, including Marx and Spencer and both. Harods But also had a lot of impact.
Marx and Spencer, which stopped all online sales for six weeks after hack, stated that it had suffered a financial loss of £ 300 million.
CooperativenessThe cyber phenomenon occurred between a challenging period for the retailer, which is facing pressure on consumer confidence due to rising costs and increasing cost of living.
Last year, the company reported improving profits, but warned in April that it would face more than £ 200 million under cost and expenditure in 2025.
The retail group warned that the cost would include £ 80 million due to the impact of theft from shops and 50 million pounds from an increase in national insurance contribution.
Last year, the Group’s revenue pro-Ferma rose 1.5 percent to £ 11.3 billion on the basis of 52-weekly.
The recent figures of worldpanel industry experts have pointed to weak sales in recent months.
The data earlier this week indicates that the sales of co-op from 12 weeks to 7 September saw a decline of about 2 percent compared to the same period of one year ago.
Data also indicated that the retailer lost the market share in the UK grocery region during the previous year.
Nevertheless, the data focuses perfectly on the group’s grocery business and compare the retailer directly with a very large supermarket store of rivals including Tesco.