Safestyle traded positively into the year-end, leading to ZC profit forecasts increasing by c.9% and 5% in FY21 and FY22, respectively, and had started the new year strongly. Unfortunately, the cyber-attack announced in January has had a greater impact on trading than had initially been envisaged. Our understanding, following this morning’s announcement, is that the impact will be limited to H1 22 and trading levels will return to expected levels in the next few weeks. The business will remain p ....
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Safestyle UK Plc (SFE LN) - H1 trading impacted by cyber attack
- Published:
28 Feb 2022 -
Author:
Andy Hanson -
Pages:
8
Safestyle traded positively into the year-end, leading to ZC profit forecasts increasing by c.9% and 5% in FY21 and FY22, respectively, and had started the new year strongly. Unfortunately, the cyber-attack announced in January has had a greater impact on trading than had initially been envisaged. Our understanding, following this morning’s announcement, is that the impact will be limited to H1 22 and trading levels will return to expected levels in the next few weeks. The business will remain p ....