Construction firm says cyber attack could hit results

Posted on News 2


(Reuters) – French construction and building materials company St. Gobain said that an earlier cyber attack on its systems in June could reduce its interim sales by about 1%.

“We are in the process of evaluating the financial consequences of the cyber-attack and will communicate further in our (first-half) results on July 27, 2017,” St Gobain said in a statement on Thursday.

“At this stage our preliminary assessment is that the impact on first-half sales should be limited to around 1%, some of which could be regained in the third quarter,” it said.

The company also said its businesses had returned to normal following the June global cyber attack.

The June attack spread from Ukraine across the world, paralyzing thousands of machines worldwide, and shutting down ports, factories and offices as it spread through internal organizational networks to an estimated 60 countries.