Investors and shoppers await clues on fallout from M&S cyber-attack

On Wednesday, Marks & Spencer will report its latest financial results.Photo by Nil Hall / EPA

Buyers and Shareholders will affect this week Marks & Spencer: More information about the impact of cyber attacks and whether retail sales can testify when it will be able to Reboot online ordersA number

The largest britain’s largest clothing seller, which also sells food and households, is struggling for almost a month, as its IT systems hit Easter weekends. The attack Forcedm & s to stop its online activities and has also affected access to some goods in stores.

On Wednesday, retail sales are conditioned by its financial results by the end of March, covering the period before the cyber attack.

Despite this, there will be a focus on how M & S is facing what happened and what it means for the company’s finances, given that its online clothes and home sales are worth about 3.8 ma.

M & S CEO, Stuart Machin has urged buyers to visit his shopsA number of however, the retailer is likely to miss the sale of clothes for a long time in good weather.

“Fashion sales will most likely be the biggest victim, in particular, when the attack came during the witches of hot weather, when the summer lines are usually accumulated in virtual baskets.

M & S is expected to benefit consumers from spring sunshine, although grocery lines are significantly lower than clothing and households.

Can take the required time to restore confidence in consumers, given his revelation that some Personal information related to thousands of customers – Including names, addresses and order stories, were taken into a cyber attack.

M & S has not yet distributed the financial value of cyber attacks, but Barclays analysts assessed that the company could cost 200 million in the financial year in 2025-26. This is likely to be reimbursed for an insurance fee that can be reported to 100 million pounds.

“We expect and hope that the current failure is a temporary issue that we expect to involve insurance claims and modest pure financial expenses,” says A & S.

Investors will want to see if the retailer can offer any financial guide or decides to increase its shareholders’ dividend.

Cybercrime reduced more than 1.1 billion drams M & S market value, dental value price, after she reached almost nine years old in April.

It is envisaged that retail sales will increase the sale of 5%, until March 29, on March 29, 2010 on the basis of 840 m pound staires. This compares to 716 m per year.