Norsk Hydro Q1 core profit plunges after cyber attack – Digitalmunition




Cryptography U.S. top court rejects shoe retailer Zappos appeal in data breach case

Published on June 5th, 2019 📆 | 5711 Views ⚑

0

Norsk Hydro Q1 core profit plunges after cyber attack

OSLO, June 5 (Reuters) – Aluminium-maker Norsk Hydro , the victim of a cyber attack in March that paralysed its IT systems, posted an 82% drop in first-quarter core profits on Wednesday and said global market uncertainty could impact its markets.

The Norwegian company’s underlying operating result fell to 559 million Norwegian crowns ($64.3 million) from 3.15 billion crowns a year ago, while analysts in a Reuters poll on average had expected a profit of 123 million crowns. ($1 = 8.6894 Norwegian crowns) (Reporting by Terje Solsvik, editing by Gwladys Fouche)

Our Standards:The Thomson Reuters Trust Principles.

Source link

Tagged with:



Leave a Reply ✍


loading...