- CEO
- John Michael Schaffer
- Full Time Employees
- 1,000
- Sector
- Consumer non-durables
- Industry
- Consumer sundries
- Address
- 1305 Hay Street West Perth WA Australia 6005
- IPO Date
- Jan 1, 1974
- Business
- Schaffer Corporation Limited is a diversified industrial and investment company primarily engaged in the manufacture and sale of automotive leather, building materials, and property investments. The Automotive Leather division produces high-quality interior leather products for the global automotive industry, supplying major brands including Land Rover, Audi, Mercedes, Porsche, Nissan, and Ford. This division operates leather processing and finishing facilities in Australia and Slovakia, with component cutting plants located in Slovakia and China, and exports account for nearly all sales. The Building Materials division, operating through Delta Corporation, manufactures custom-made precast and prestressed concrete products such as floors, beams, walls, and TeeRoff bridge beams for infrastructure, building, and resources projects in Australia. The Property Investments segment manages a diversified portfolio of syndicate investment properties, commercial, retail, hotel, industrial, residential properties primarily in Australia and the United States, including development projects such as the 33-hectare industrial estate in Jandakot, Perth.
Founded in 1955 and headquartered in West Perth, Australia, Schaffer Corporation is listed on the Australian Securities Exchange (ASX:SFC) and employs around 1,000 staff across three countries. Recent strategic developments include launching new automotive leather programs with Mercedes, Audi, Porsche, and Jaguar Land Rover in Europe, contributing to sales growth and portfolio rejuvenation, part of the ongoing "Audi Agenda" product modernization initiative begun in 2024. The company continues substantial capital investment, including $5.8 million in manufacturing capital expenditures and the completion of civil works at the South Connect Jandakot industrial estate. The latest financial year saw a net profit after tax of $24.3 million, with strong performance gains in the Property Investments division and stable margins despite increased complexity in new automotive leather program launches.
Schaffer operates mainly in the automotive leather manufacturing, building materials production, and property investment sectors with geographic operations spanning Australia, Europe, Asia, and the United States. Its diversified business model leverages manufacturing expertise and investment activities to maximize shareholder value through product innovation and real estate development. The company remains focused on expanding its high-margin automotive leather business while growing its real estate portfolio and infrastructure-related building materials offerings.
This description presents Schaffer Corporation Limited as a multi-segment industrial player with significant global automotive leather operations and a strong presence in precast concrete manufacturing and property investment, emphasizing recent product launches and capital expansions within the last two years.