Key Highlights

  • Schaffer shares traded at $19.60 after a 7.77% one-year decline.
  • First-half revenue fell 17% to $93.5 million.
  • Net profit declined to $5.0 million.
  • The fully franked interim dividend was maintained at 45 cents.

Schaffer Corporation shares were priced at $19.60 after a one-year move of -7.77%. The latest company update provides context for a market capitalisation of approximately $263.58 million.

Company Overview

Schaffer Corporation operates automotive leather and property businesses and has investments in industrial operations. Automotive production schedules, customer programmes, property development and foreign exchange influence results.

Latest Update

For the first half of FY26, revenue declined 17% to $93.5 million and NPAT fell to $5.0 million from $12.7 million. The automotive leather division was affected by the Jaguar Land Rover cyberattack and difficult trading conditions. Schaffer maintained a 45-cent fully franked interim dividend and expects second-half profitability to improve as production recovers and Audi programmes progress.

Financial and Share-Price Snapshot

At $19.60, Schaffer’s market capitalisation was about $263.58 million after a 7.77% one-year decline. The lower price reflects weaker near-term earnings, while the unchanged dividend and expected second-half recovery provide the main counterpoints.

What May Be Watched Next

Readers may watch Jaguar Land Rover production, Audi programme volumes, automotive margins, the South Connect Jandakot development and cash generation.

Key Risks

Risks include customer concentration, production interruptions, automotive demand, currency movements, property delays and dividend variability.