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Ahold Delhaize: cyberattack impact on fourth-quarter sales estimated at 200 to 250 million euros

Ahold Delhaize: cyberattack impact on fourth-quarter sales estimated at 200 to 250 million euros

Retail conglomerate Ahold Delhaize expects a financial hit of up to 250 million euros in the fourth quarter following a recent cyberattack. The security incident forced the company to disable systems and halt distribution, resulting in widespread operational disruptions for its brands, including Albert Heijn.

Retail giant Ahold Delhaize estimates that a cyberattack last month will reduce its fourth-quarter revenue by 200 to 250 million euros. The incident has also significantly impacted the company's operating profit, which is expected to be 75 to 100 million euros lower than previously anticipated. The company owns several major retail chains in the Netherlands, including Albert Heijn, Etos, Gall & Gall, and bol.

To manage the security threat, Ahold Delhaize proactively took various systems offline, resulting in several days of downtime for websites and applications. The disruption extended to distribution centers, which ceased operations temporarily and caused significant supply issues in physical stores. These logistical challenges led to empty shelves at various retail locations throughout the country while the company worked to restore normal operations.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

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