Cyberattack to cost Ahold Delhaize up to €250m in lost sales

Summary

Ahold Delhaize reported that last month’s cyberattack will reduce its fourth-quarter sales by €200 million to €250 million and operating profit by €75 million to €100 million. The company took systems offline after hackers targeted online shopping networks and supply chains in the Benelux and US, leading to empty shelves and website outages.