Ahold Delhaize warns cyberattack will cost up to €250 million
Published 5h ago · Scandal
Affects Netherlands · Covered in 2 countries
Ahold Delhaize faces up to €250 million in lost sales after a cyberattack hit its fourth quarter.
Supermarket operator Ahold Delhaize expects a major cyberattack from last month to slash fourth-quarter sales by up to €250 million. The Dutch retail giant also lowered its profit forecast as a direct result of the IT disruption. Management is currently assessing the full financial damage from the unauthorized network breach.
- The financial impactSales losses for the final quarter of the year are projected between €200 million and €250 million.
- The broader effectThe Dutch retail group was forced to revise its profit expectations downwards following the digital intrusion.
Why it matters
Retailers increasingly face severe financial risks from IT security breaches that disrupt supply chains, store operations, and customer transactions. Such attacks can cause immediate revenue drops and necessitate costly investments in digital defenses.
By the numbers1
How outlets cover it
What outlets agree on
Ahold Delhaize reported that a cyberattack last month will reduce fourth-quarter sales and profits, with potential sales losses reaching up to €250 million.
In this story
Covered by 2 outlets
- Financial TimesAhold Delhaize cuts profit forecast after cyber attack5h ago · open ↗
- DutchNews.nlCyberattack to cost Ahold Delhaize up to €250m in lost sales5h ago · open ↗
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