17 February 2021
ASX Market Announcements ASX Limited
4th Floor, 20 Bridge Street SYDNEY NSW 2000
Dear Sir/Madam,
SCHAFFER CORPORATION LIMITED (ASX:SFC) INVESTOR PRESENTATION - HY21 RESULTS
Please find attached SFC's Investor Presentation for the first half of the 2021 financial year.
The Board has authorised the document to be released to the ASX.
For further information, please contact:
Mr John Schaffer Chairman
Mr Ralph Leib
Chief Financial Officer
Schaffer Corporation Ltd +61 8 9483 1201
Schaffer Corporation Ltd +61 8 9483 1208
Yours sincerely
Jason Cantwell Company Secretary
Head Office: 1305 Hay Street, West Perth WA 6005 Postal Address: PO Box 770, West Perth WA 6872
Telephone: +61 8 9483 1222 Facsimile: +61 8 9481 0439 Website:www.schaffer.com.au
Schaffer Corporation Limited ABN 73 008 675 689
Half-Year Results Presentation December 2020
Creating long-term shareholder value through the efficient operation and growth of our core businesses and investments
Half-YearResultsPresentationDecember2020
Organisation Chart (Core Businesses)
Manufacturing
Delta
• Precast and Prestressed Concrete - Herne Hill, WA
Group Investments
SFC (100%), Gosh Capital (83%)Company Owned Property
• Jandakot Rd, Jandakot, WA
• Bennett Ave, North Coogee, WA (via Gosh)
• Dixon Road, Rockingham, WA (via Gosh)
• Campersic Rd, Herne Hill, WA (Delta)
• Hay Street, West Perth, WA (Head Office)
Syndicated Investment Property
• Partnership Syndicates
• Unit Trust Syndicates
• US LLC Investments
Equities
Half-YearResultsPresentationDecember2020
Group Consolidated Financial Performance
Half-Year Ending Dec-2020 Dec-2019 | ||
Revenue ($m) | $102.1 | $92.7 |
NPAT1 ($m) | $23.1 | $13.9 |
EPS (cents per share) | 169.5 | 101.6 |
Ordinary dividends (fully franked) | $0.45 | $0.45 |
• Profit up 66% including a 13% increase in Automotive Leather profit and unrealised non-cash
net gains for the Group's equity investments of $10.0m after tax (H1 FY20: $3.2m)
• FY21 fully franked interim dividend $0.45 is the same as prior year and 29% higher than the FY20 final dividend
• Group investments at market value2 increased to $181.0m from $162.6m, an increase of
$18.4m (+11%)
• Unrealised pre-tax gains (equities) $14.3m
• Unrealised pre-tax losses (syndicate properties) ($0.9m)
• Pre-tax gains (properties held at cost) $1.3m
1. Net profit after tax and minority interests.
2. Market value refers to pre-tax net equity value excluding minority interests.
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Schaffer Corporation Limited published this content on 17 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2021 00:38:07 UTC.