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Pin to quick picksJohnson Matthey Share News (JMAT)

Share Price Information for Johnson Matthey (JMAT)

London Stock Exchange
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Share Price: 1,804.00
Bid: 1,813.00
Ask: 1,816.00
Change: 14.00 (0.78%)
Spread: 3.00 (0.165%)
Open: 1,788.00
High: 1,827.00
Low: 1,770.00
Prev. Close: 1,790.00
JMAT Live PriceLast checked at -

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Tighter emissions rules a boost for Johnson Matthey

Thu, 30th May 2019 07:04

(Sharecast News) - Speciality chemicals company Johnson Matthey posted a 53% rise in pre-tax profits as tighter regulation in Europe and China helped its clean air division which makes automotive catalytic converters.Profits came it at £523m on revenues of £10.7bn, up 5% as the company said it expected current year growth in operating performance at constant rates to be within medium term guidance of mid to high single digit growth.The FTSE 100 company said operating profit for the year ended to March 31 rose to £531m from £359m a year ago.Earnings per share, the company's preferred metric, rose 39% to 215.2 pence.A final dividend of 62.25p a share was declared for a total payout of 85.5p a share, up from 80p a year earlier.The company said it expected a year of modest growth in 2019/20, weighted to the first half as it realised the benefit of annualised share gains, partly offset by reinvestment into research and development."We anticipate that these investments for growth and efficiency will lead to a slightly lower margin than in 2018/19. Beyond 2019/20, we expect sales and operating profit growth to be increasingly driven by the introduction of new legislation in China and India," the company said.In the reported year, continued strong sales and operating profit growth in the clean air unit, which accounts for 70% of operating profits, helped Johnson Matthey achieve its planned market share of around 65% in European light duty diesel.Sector sales grew 11%, well ahead of the decline in global vehicle production, driven by double digit growth in both light and heavy duty catalysts, it added.
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3 Aug 2023 13:19

IN BRIEF: James Fisher hires new CFO from Johnson Matthey

James Fisher & Sons PLC - Barrow In Furness, Cumbria-based marine services - Hires Karen Hayzen-Smith to be chief financial officer, starting by December 1. At that time, Duncan Kennedy will step down as CFO and from the board but will remain at James Fisher for a short transition. Hayzen-Smith currently is director of group finance at chemicals firm Johnson Matthey PLC. She has been in that role since January 2020 and also served as interim CFO for Johnson Matthey from November of that year to April 2021. Prior to Johnson Matthey, Hayzen-Smith worked at Babcock International Group PLC and Vodafone Group PLC.

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25 Jul 2023 15:46

UK dividends calendar - next 7 days

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24 Jul 2023 10:36

IN BRIEF: Halma replaces senior director; adds Johnson Matthey CEO

Halma PLC - Amersham, England-based safety equipment manufacturer - Announces the retirement of Senior Independent Director Tony Rice. Rice will step down from the role on July 31 and will retire as non-executive director at the end of the year. Non-Executive Director Jo Harlow will replace Rice as senior independent director on August 1.

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18 Jul 2023 09:21

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17 Jul 2023 15:02

Deutsche Bank ups Johnson Matthey to 'buy', lifts price target

(Sharecast News) - Deutsche Bank upgraded Johnson Matthey on Monday to 'buy' from 'hold' and lifted the price target to 2,500p from 2,300p.

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17 Jul 2023 07:20

Broker tips: Johnson Matthey, Aston Martin, Victrex

(Sharecast News) - Deutsche Bank upgraded Johnson Matthey on Monday to 'buy' from 'hold' and lifted the price target to 2,500p from 2,300p.

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13 Jul 2023 15:58

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27 Jun 2023 09:25

Johnson Matthey sees accelerating growth for Catalyst Technologies

(Alliance News) - Johnson Matthey PLC on Tuesday said that it was seeking high single-digit percentage sales growth in the short term and mid-teens growth in medium to long-term for its Catalyst Technologies business.

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Follow the cash... it leads to America!

STOXX Europe 600 up 0.8%

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