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Business Description: Schaffer Corporation Limited (SFC) is a diversified industrial company whose core operating divisions are Building Products and Automotive Leather. The Company also holds an investment property portfolio.
Strategy Analysis: SFC continues to focus on automotive leather and building products, while divesting non-core property assets. The strategy for growth includes cost control, expanding the distribution network and making acquisitions that are complementary to the building products operations. The focus for Howe is the European and Chinese markets. Trading conditions are currently poor, so Howe is also focused on building its customer base. Current customers include BMW, Ford, GM, Honda, Audi, Land Rover and Toyota. The building products division provides stable earnings and strong cash flows, however conditions are difficult. The UrbanStone business is focused on developing new products, and Delta is focused on minimising costs through mechanisation.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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