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Schaffer Corporation (SFC) investor relations material
Schaffer Corporation H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Statutory NPAT for 1H26 was $5.0m, down from $12.7m in 1H25, mainly due to a cyberattack at a major customer and tough industry conditions in Delta.
Revenue for the half-year ended 31 December 2025 was $93.5m, down from $112.3m in the prior period, reflecting a significant decline in sales, particularly in Automotive Leather due to a cyberattack at Jaguar Land Rover.
Group Investments segment delivered higher profits due to increased net unrealised gains on equity investments.
Interim fully franked dividend of $0.45 per share declared, consistent with prior periods.
Financial highlights
Group revenue fell by $18.8m year-over-year to $93.5m.
Gross profit dropped to $15.0m from $28.7m year-over-year.
Statutory NPAT dropped by $7.7m to $5.0m.
Cash generated in 1H26 was $10.5m, down from $18.4m in 1H25.
Basic and diluted EPS were 36.7¢, compared to 93.8¢ in the prior period.
Outlook and guidance
2H26 profitability expected to improve, especially in Automotive Leather as JLR recovers and new Audi programs launch.
Automotive Leather sales volumes with Jaguar Land Rover have returned to normal run-rates following the cyberattack disruption.
Delta expected to be close to break-even in 2H26, with an improving project pipeline.
Group remains cautious due to economic uncertainties, tariffs, currency volatility, and supply chain risks.
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