Jaguar Land Rover sees profit boost after cyber attack
The luxury British carmaker reported revenues of £5.9 billion
Last updated 6 hours ago
Jaguar Land Rover (JLR), headquartered in the West Midlands, has announced a substantial increase in sales and a return to profit following a damaging cyber attack last year.
The luxury British carmaker reported revenues of £5.9 billion for the three months to the end of September 2026.
This is a 20% rise compared to the same period last year.
JLR also posted a profit before tax and exceptional items of £6 million for the quarter, a significant shift from the £134 million loss recorded for the same period in 2025.
The cyber attack last year forced a halt in production for five weeks across JLR's UK factories, including key sites in Solihull, West Midlands, and Halewood, Merseyside.
JLR attributes this year's better sales and profitability to recovery from the cyber incident.
Despite the recent sales surge, JLR expects lower profit margins for the full year due to ongoing market challenges, geopolitical risks, and exceptional costs recognised during the quarter.
The firm faces a £530 million cost hit, primarily related to restructuring and asset write-downs.
As part of its restructuring strategy, JLR revealed plans in September to cut 4,000 jobs globally over the next two years to reduce costs by £1.7 billion.
The West Midlands-based company is focused on navigating the challenges ahead while continuing with recovery efforts.