Schaeffer (SFC) released results this morning-while revenues were down 8.5% pcp , half yearly profits were up 13.4% , a reasonable and commendable result given a more challenging automotive environment. Dividends however doubled to 30c per share and PE is still low at 7.8x. So here we have a $199m market cap stock with $25m annualised NPAT and $212m annualised revenues.
