Australia's Schaffer slips after withdrawing first-half profit forecast for auto leather division
26/09/2025 03:27
** Shares of Australia's Schaffer Corp SFC.AX fall as much as 3.9% to A$20.00, their lowest since August 22 ** Diversified industrial and investment firm withdraws its H1 FY26 profit forecast for its automotive leather division ** Says withdrawal due to a cyber incident experienced by Jaguar Land Rover - a major customer of the division ** Says Incident led to production halt at JLR, timing of resumption is uncertain and not anticipated before October 2025 ** YTD, stock down 9.5% (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com))
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