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Marks & Spencer Poised for Profit Recovery Following Cyberattack

Marks & Spencer Group expects profitability to rebound to pre-cyberattack levels, the British retailer said. The fashion and food chain faced significant disruption during the outage. Management projects a return to growth in coming periods. The cyberattack temporarily knocked the company off its performance course, impacting sales and customer operations. Recovery efforts have focused on restoring operational stability and customer service. M&S operates extensive logistics networks supporting its clothing and food divisions across the UK and internationally. The company anticipates financial results will reflect the recovery as operations normalize. Full operational recovery timing has not been specified.