M&S warns of £300m profit hit due to hacking crisis
Marks and Spencer (M&S) has warned investors it is facing a £300m hit to trading profits as a result of last month's ransomware attack.
The company said its estimate did not include other costs, such as insurance.
The continuing fallout from last month's cyberattack is hanging over the retailer's outlook as its online channels remain down for payments.
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