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Schaffer Corporation Limited (ASX:SFC)

ALERT: Price-sensitive ASX Announcement for SFC
Current share price for SFC : $18.620 -0.78 (-4.02%)+
Announcement
Release
19 Aug 2026 9:16AM
Price at Release
$19.400
Full Release
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Summary
Schaffer Corporation Limited's FY26 results demonstrate a solid overall performance despite challenges in the first half of the year. The company reported a statutory net profit after tax of $22.2 million, a slight decrease from FY25. The Automotive Leather division, after overcoming a cyberattack and complex program launches, improved significantly in the second half, winning new contracts with major automotive companies. Delta experienced a downturn due to reduced infrastructure spending but ended the year with a strong order book, promising better performance in FY27. The South Connect Jandakot property development reached new milestones, increasing its valuation significantly. The total investment portfolio grew to $240.9 million, focusing heavily on properties and equities. The Board announced a fully franked final dividend of $0.45 per share, maintaining last year's dividend level.
Key Points
  • Statutory net profit after tax for FY26 was $22.2 million.
  • Automotive Leather division rebounded in the second half despite earlier challenges.
  • New contracts secured with Jaguar Land Rover, Chery, and Mercedes.
  • Delta faced a challenging year but ended with a strong order book.
  • South Connect Jandakot increased in valuation and commenced new construction.
  • Total investment portfolio increased to $240.9 million.
  • Board declared a final dividend of $0.45 per share.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.