TAKKT said October 28 that a cyberattack after the third quarter had disrupted order processing, deliveries and invoicing, increasing the risk that annual results could fall below its guidance.
The business-equipment distributor said the attack primarily affected Industrial & Packaging in Europe and Foodservices in North America. It said the attack had been contained and systems were being restored with external specialists. Most webshops and communication channels remained unaffected, according to the company.
TAKKT reported third-quarter sales of €231.8 million, down 5.2% as reported and 4.3% organically. Quarterly earnings before interest, taxes, depreciation and amortization fell to €5.6 million from €10.5 million.
A roughly €19 million impairment in Foodservices contributed to an operating loss. Nine-month free cash flow was negative €12.7 million.
The company said the disruption’s full-year effect could not yet be reliably estimated. Organic sales growth and the adjusted EBITDA margin could reach the lower end of, or fall below, existing ranges of minus 7% to plus 3% and 2%–5%, respectively.
Source: TAKKT, October 28 results announcement distributed through EQS.