By Sahil Pandey
May 20 (Reuters) – West Pharmaceutical Services said on Wednesday it has restored operations across its sites after a cybersecurity attack earlier this month and expects the incident to have no material impact on its 2026 financial outlook.
The company said it is continuing its investigation, but has not seen any further unauthorized access.
Shares of the company were up about 2% in after hours trading.
• The medical equipment maker detected an intrusion on May 4 and confirmed a material cybersecurity attack on May 7 involving data being taken and systems being locked.
• Analysts at Evercore ISI said, “We are incrementally encouraged by WST’s ability to quickly return to normal operations and offset any cyberattack-related disruption.”
• “WST will likely leverage flex capacity and 24/7 operations, which management had previously highlighted as a lever to offset disruption,” the analysts added.
• The company said after the incident it took systems offline globally, informed law enforcement and brought in external cyber experts to respond to the incident.
• It has since restored core systems and restarted key processes such as manufacturing, receiving and shipping at all locations.
• The company is now fully operational across manufacturing, supply chain and commercial sites globally, it said.
• The company said the review is ongoing, including assessing how much data may have been affected.
• The company said the incident has not had and is not expected to have a material impact on its 2026 second-quarter or full-year forecast.
• Stryker and Intuitive Surgical also reported cybersecurity incidents in March, while Medtronic disclosed a similar incident in April.
(Reporting by Sahil Pandey in Bengaluru; Editing by Shailesh Kuber)
