Schaffer Co Ltd 2016 AR2
The report outlines Schaffer Corporation Limited's financial and operational performance for the 2016 fiscal year. Key highlights include a 61% increase in net profit after tax to $5.7 million, driven by a substantial 53% revenue increase in the Automotive Leather division. The company successfully commissioned new finishing and cutting plants in Slovakia, expanding its global workforce to approximately 1,700 employees. On the environmental and safety front, the company achieved a 12% reduction in its Lost Time Injury Frequency Rate (LTIFR) and continued waste recycling initiatives in its Building Materials division.
Company: Schaffer Co Ltd
Sector: Manufacturing
Country: Australia
Year: 2016
Type: AR2
Pages: 68
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Schaffer Co Ltd
Annual Report
The report outlines Schaffer Corporation Limited's financial and operational performance for the 2016 fiscal year. Key highlights include a 61% increase in net profit after tax to $5.7 million, driven by a substantial 53% revenue increase in the Automotive Leather division. The company successfully commissioned new finishing and cutting plants in Slovakia, expanding its global workforce to approximately 1,700 employees. On the environmental and safety front, the company achieved a 12% reduction in its Lost Time Injury Frequency Rate (LTIFR) and continued waste recycling initiatives in its Building Materials division.
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Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees