
"Jaguar Land Rover (JLR) continues to face financial fallout from the devastating 2025 cyber attack on its systems, with sales and profits dropping precipitously during the final quarter of its financial year, even as vehicle production returned to normal."
"JLR said fourth-quarter revenues were down 11% year-on-year to £6.9bn, and 21% for the full year to £22.9bn. Pre-tax profit for the three months to 31 March fell by 48% to £458m, and for the full year by 82% to £2.5bn."
"“We recovered well in the fourth quarter as production returned to normal levels, demonstrating the commitment of our people, suppliers and retail partners,” said JLR chief executive PB Balaji, who was parachuted in by JLR parent Tata Motors in November 2025. “As we look ahead into FY27, we are focused on driving growth ... and reducing our break‑even volumes whilst we launch a slew of exciting products,” he said."
"Based on its “hurricane scale” cyber attack matrix, the UK's Cyber Monitoring Centre has classified the JLR cyber attack as a Category 3 Systemic Event and set the wider economic cost of incident at somewhere between £1.6bn and £2.1bn - and potentially up to £5bn - with almost 3,000 distinct UK organisations potentially affec"
Jaguar Land Rover continued to experience financial fallout from a 2025 cyber attack that disrupted its systems and supply chain. Fourth-quarter revenues fell 11% year-on-year to £6.9bn, and full-year revenues dropped 21% to £22.9bn. Pre-tax profit declined 48% to £458m in the three months to 31 March and fell 82% to £2.5bn for the full year. Production returned to normal after a roughly six-week shutdown following the attack. The company also faced other pressures including wind-down of legacy vehicles, increased competition in China, and US tariffs. A £1.5bn loan guarantee was provided after disruption spread. The UK Cyber Monitoring Centre classified the incident as a Category 3 Systemic Event with estimated economic costs between £1.6bn and £2.1bn, potentially up to £5bn.
#cyberattack #financial-performance #supply-chain-disruption #automotive-industry #uk-systemic-event
Read at ComputerWeekly.com
Unable to calculate read time
Collection
[
|
...
]