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Evening Standard
Evening Standard
Business
Jonathan Prynn

First half profits almost wiped out at M&S by disastrous cyber hack

(Jonathan Brady/PA) - (PA Archive)

A catastrophic cyber attack almost wiped out profits at Marks & Spencer in the first half of the year.

The high street giant today revealed that statutory pre-tax profits collapsed by more than 99% from £391.4 million to just £3.4 million in the six months to 27 September.

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