• Automotive Leather NPAT increased 7% to $16.3m
• Delta NPAT increased 9% to $4.9m
• Group Investments NPAT increased 75% to $3.3m

Schaffer Corporation Ltd (SFC) reported a 10% decrease in FY25 statutory NPAT to $24.3m, with strong performance from Automotive Leather, Delta, and Group Investments offsetting a decline in South Connect Jandakot. Automotive Leather NPAT increased 7% to $16.3m, Delta NPAT increased 9% to $4.9m, and Group Investments NPAT increased 75% to $3.3m. South Connect Jandakot NPAT declined 66% to $3.0m, which includes rental income and an after-tax, unrealised revaluation of $2.3m. The company maintained its full-year fully franked dividend at $0.90 per share. SFC's pre-tax net equity value of investments increased to $227.3m or $16.73 per share over the past eight years, while paying $88m in fully franked dividends and buying back $9m of SFC shares. The company provided an outlook for 1H26, noting challenges from a JLR Cybersecurity Attack, semiconductor chip shortages, global economic uncertainties, and geopolitical risks, with 1H26 profit expected to be around $3.5m.

For 1H26, profit is expected to be around $3.5 million, subject to risks including a JLR Cybersecurity Attack, semiconductor chip shortages, global economic uncertainties, and geopolitical risks.

The company noted challenges in 1H26 from a JLR Cybersecurity Attack, semiconductor chip shortages, global economic uncertainties, and geopolitical risks, with 1H26 profit expected to be around $3.5 million.