Britain’s Co-op says cyberattack cost it $108 million

LONDON (Reuters) -Britain’s Co-op Group said on Thursday disruption caused by a cyberattack in April cost it 80 million pounds ($108 million) of operating profit, dragging it to a first-half loss.

The 181-year-old Co-op, which runs a food retail business and also has funeral care, legal and insurance businesses, said it made an underlying loss before tax of 75 million pounds in the six months to July 5, versus a profit of 3 million pounds in the same period last year.

($1 = 0.7435 pounds)

(Reporting by James Davey, Editing by Paul Sandle)