Snack giant Mondelez International is now assessing the financial damage caused by the Petya ransomware virus which triggered a global IT network outage for the food giant in recent weeks.
"Our preliminary estimate of the revenue impact of this event is a negative 300 basis points on our second quarter growth rate," Mondelez said in a statement.
"Given the timing of this significant global attack, despite our best efforts, we experienced disruption in our ability to ship and invoice during the last four days of our second quarter.
"There are a few markets where we have permanently lost some of that revenue due to holiday feature timing, but we expect we will be able to recognize the majority of these delayed shipments in our third quarter results."
The company said it is making good progress in restoring its systems across the enterprise.
"Since the time of the incident, our teams have done remarkable work to continue to operate the business, manufacture our products, serve customer needs and progress the recovery activities."
Mondelez said it would provide a further update in August on the full financial impact of the attack.
"We expect to incur incremental one-time costs in both our second and third quarters as a result of this issue, but our underlying margin progress continues to be in line with our outlook of mid-16 percent for the full-year."
Other multinational companies were also affected by the malicious software which locks up computer files and demands a bitcoin ransom to unlock them.
