Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Johnson Matthey Plc
  6. News
  7. Summary
    JMAT   GB00BZ4BQC70

JOHNSON MATTHEY PLC

(JMAT)
  Report
Delayed London Stock Exchange  -  11:35:08 2023-02-07 am EST
2333.00 GBX   -0.55%
01/31Pre-Fed nerves and IMF outlook weigh on stocks
AN
01/31Plug Power, Johnson Matthey Enter Supply Chain Collaboration, Plan US Manufacturing Facility
MT
01/31Stocks down as IMF cuts UK GDP forecast
AN
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Clean Air boost drives Johnson Matthey profits higher

05/30/2019 | 03:17am EST
Cars sit in a traffic jam along the Embankment during the morning rush hour in central London

(Reuters) - Chemicals group Johnson Matthey on Thursday reported a 48% jump in full-year earnings, bolstered by strength in its Clean Air unit that makes catalytic converters and other pollution filters for both cars and trucks.

The FTSE 100 company said operating profit for the year ended March 31 climbed to 531 million pounds from 359 million pounds a year earlier, just below consensus estimates of 545.5 million pounds.

The company, among Europe's leading producers of autocatalysts, has been pushing into developing countries including China and India, which are striving to control the pollution generated by rapid urbanisation.

"In the year, Clean Air performed strongly and we are investing in new plants to satisfy future demand, particularly from Asia which will be our next key growth driver," the company said in a statement.

Clean Air, which makes up the lion’s share of company earnings, saw an 11% jump in sales while underlying profit was 13% higher.

Johnson Matthey, which has a 200-year old history, said it anticipated 2019/20 growth in operating performance at constant rates to be within its medium term guidance of mid-to-high single digit growth.

Johnson Matthey counts its origins back to the supply by founders Percival Norton Johnson and George Matthey of wire and foil for Michael Faraday's research into electricity in the 1800s.

(Reporting by Yadarisa Shabong and Muvija M in Bengaluru; editing by Patrick Graham)


ę Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
FTSE 100 0.36% 7864.71 Delayed Quote.5.17%
JOHNSON MATTHEY PLC -0.55% 2333 Delayed Quote.9.69%
MSCI UNITED KINGDOM (STRD) 0.45% 1128.51 Real-time Quote.6.20%
S&P UNITED KINGDOM (PDS) 0.43% 1596.75 Real-time Quote.4.64%
All news about JOHNSON MATTHEY PLC
01/31Pre-Fed nerves and IMF outlook weigh on stocks
AN
01/31Plug Power, Johnson Matthey Enter Supply Chain Collaboration, Plan US Manufacturing Fac..
MT
01/31Stocks down as IMF cuts UK GDP forecast
AN
01/31Johnson Matthey partners with US's Plug Power for hydrogen technology
AN
01/31UK stocks slip after IMF warning, Pets At Home jumps on forecast hike
RE
01/31Transcript : Johnson Matthey Plc - Special Call
CI
01/31Johnson Matthey Enters JV with Plug Power for Hydrogen Power Technologies
MT
01/31Pets at Home raises guidance; IMF cuts UK GDP outlook
AN
01/31Johnson Matthey : Corporate Document Announcement (RNS)
PU
01/31Plug Power and Johnson Matthey Announce Long-Term Strategic Partnership to Accelerate t..
CI
More news
Analyst Recommendations on JOHNSON MATTHEY PLC
More recommendations
Financials
Sales 2023 4 057 M 4 872 M 4 872 M
Net income 2023 327 M 393 M 393 M
Net Debt 2023 867 M 1 041 M 1 041 M
P/E ratio 2023 13,2x
Yield 2023 3,31%
Capitalization 4 263 M 5 119 M 5 119 M
EV / Sales 2023 1,26x
EV / Sales 2024 1,23x
Nbr of Employees 13 340
Free-Float 94,0%
Chart JOHNSON MATTHEY PLC
Duration : Period :
Johnson Matthey Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JOHNSON MATTHEY PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 2 333,00 GBX
Average target price 2 234,72 GBX
Spread / Average Target -4,21%
EPS Revisions
Managers and Directors
Liam Condon Chief Executive Officer & Director
Stephen Oxley Chief Financial Officer & Executive Director
Patrick Webster Thomas Chairman-Supervisory Board
Paul Jonathan Coby Chief Information Officer
Maurits van Tol Chief Technology Officer
Sector and Competitors
1st jan.Capi. (M$)
JOHNSON MATTHEY PLC9.69%5 152
SIKA AG23.09%45 228
ECOLAB INC.4.62%43 206
ALBEMARLE CORPORATION27.64%32 429
GIVAUDAN SA7.27%30 234
EMS-CHEMIE HOLDING AG15.02%18 158