Craneware cuts 2027 revenue forecast to around $185 million after cyber incident

  • Craneware PLC lowered its 2027 revenue forecast after a July cybersecurity incident.
  • Shares fell 25% after the company reduced its outlook.
  • Statutory profit before tax rose 7% to $25.8 million.

Craneware PLC lowered its revenue forecast to around $185 million for the year ending June 2027 following a cybersecurity incident in July, sending its shares down 25%. Peel Hunt significantly reduced its profit forecasts, including EBIT, in response. Statutory profit before tax nevertheless increased 7% to $25.8 million.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.