Proactiveinvestors United Kingdom Johnson Matthey https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Johnson Matthey RSS feed en Wed, 19 Jun 2019 20:20:36 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Annual Financial Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190614070002_14110628/ Fri, 14 Jun 2019 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190614070002_14110628/ <![CDATA[News - Johnson Matthey's capital intensity grows as it tackles weak auto and truck markets ]]> https://www.proactiveinvestors.co.uk/companies/news/221231/johnson-matthey-s-capital-intensity-grows-as-it-tackles-weak-auto-and-truck-markets-221231.html Johnson Matthey PLC’s (LON:JMAT) capital intensity is growing at a time of fragility in auto and truck markets globally, UBS analysts said after the company posted its full-year results.

The group, which makes catalytic converters for a third of the world’s cars, reported a 53% jump in pre-tax profit to £488mln for the year to the end of March 2019 and a 5% rise in revenue to £10.7mln.

READ: Johnson Matthey doubles down on electric ambitions as it strikes two key deals

However, the results were inflated by sales of precious metals such as platinum and palladium that the company uses in its production processes.  

The company also suffered a cash outflow of £13mln, largely due to higher precious metal working capital related to downtime at one of its platinum refineries during the first half.

The increase in precious metal working capital dragged the return on invested capital down to 16.4% from 17.0%.

UBS repeated a ‘sell’ rating on the stock with a target price of 2,850p, citing “capital intensity”.

Johnson Matthey's capital expenditure came to £323mln in 2019 as it invested in developing a new type of battery material called eLNO in the hopes of tapping into the growing electric vehicles market. The move comes in response to declining car sales and lower demand for diesel.

The group has secured its first commercial manufacturing plant for eLNO and a long-term supply agreement for raw materials with Nemaska Lithium.

The plant is on track to start production in fiscal year 2021/22 and to supply platforms in production the following year.

Johnson Matthey also spent money on expanding manufacturing capacity for its Clean Air business, which makes pollution-reducing catalytic convertors.

Clean Air accounted for 65% in total revenue last year. It delivered 11% growth in revenue, boosted by tighter emissions regulation in Europe, but this marked a slowdown on the 25% rise reported in 2018.

“We see return on capital employed fading materially given a slowdown in Clean Air and the 'greenfield' expansion into battery materials,” UBS said.  

For the 2020 financial year, Johnson Matthey expects capital expenditure to rise to £500mln as it continues to invest in eLNO, new plants for Clean Air and upgrades to IT systems. 

]]>
Thu, 30 May 2019 14:37:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/221231/johnson-matthey-s-capital-intensity-grows-as-it-tackles-weak-auto-and-truck-markets-221231.html
<![CDATA[News - Johnson Matthey hikes dividend after sharp rise in 2019 profit ]]> https://www.proactiveinvestors.co.uk/companies/news/221190/johnson-matthey-hikes-dividend-after-sharp-rise-in-2019-profit-221190.html Johnson Matthey PLC (LON:JMAT) hiked its dividend by 7% as it delivered a sharp rise in 2019 pre-tax profit and maintained its guidance for the year ahead.

The speciality chemicals company posted pre-tax profit of £488mln for the year to the end of March, up 53% on the previous year, on revenue up 5% to £10.7bn.

READ: Johnson Matthey weak as Belgium’s Umicore warns on cheap cobalt supply, slowing electric vehicles demand in China

Last year’s profits were dented by a £50mln charge to settle a lawsuit with an automotive original equipment manufacturer supplier in the US. The group also took an impairment and restructuring charge of £90mln.

Excluding items, underlying pre-tax profit increased 8% to £523mln in 2019.

Sales, excluding precious metals, rose by 10% to £4.2bn, driven by a strong performance in its Clean Air business, which makes technology to reduce emissions from vehicles.

The group raised its full-year dividend to 85.5p from 80.0p last year.

For fiscal year 2019/20, the company expects growth in operating performance at constant rates to be within its medium-term guidance of “mid to high single digit” growth.

At current foreign exchange rates, however, currency movements are expected to hurt sales and underlying operating profit by £6mln and £2mln, respectively.

Johnson Matthey makes catalytic converters for a third of the world’s cars but has been developing a new type of battery material called eLNO, which it hopes will help it tap into the growing electric vehicles market.

The company said on Thursday that it continues to make progress in commercialising eLNO, having secured its first plant and a long-term supply agreement for raw materials with Nemaska Lithium.

In morning trading, shares fell 3.3% to 3,079p.

“The slow transition away from petrol and diesel vehicles is in theory not good news for the group," said Helal Miah, investment research analyst at The Share Centre.

"However, its focus is on selling technologies for cleaner, more fuel efficient vehicles as well as being at the forefront of developing higher energy density battery materials makes Johnson Matthey one to watch for the future. "

Miah said the group's share price has struggled to make any headway in recent years, much like its sector peers.

"Therefore we continue with our ‘medium risk hold recommendation’ for investors seeking a balanced return.”

]]>
Thu, 30 May 2019 07:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/221190/johnson-matthey-hikes-dividend-after-sharp-rise-in-2019-profit-221190.html
<![CDATA[RNS press release - Preliminary results for year ended 31st March 2019 ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190530070004_14091597/ Thu, 30 May 2019 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190530070004_14091597/ <![CDATA[RNS press release - Directorate Changes ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190528070012_14088118/ Tue, 28 May 2019 07:00:12 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190528070012_14088118/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190517140330_14078824/ Fri, 17 May 2019 14:03:30 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190517140330_14078824/ <![CDATA[News - Johnson Matthey weak as Belgium’s Umicore warns on cheap cobalt supply, slowing electric vehicles demand in China ]]> https://www.proactiveinvestors.co.uk/companies/news/218970/johnson-matthey-weak-as-belgiums-umicore-warns-on-cheap-cobalt-supply-slowing-electric-vehicles-demand-in-china-218970.html Johnson Matthey PLC (LON:JMAT)  shares were lower on Tuesday as traders cited a read-across following a profit warning from Belgian-based chemicals firm Umicore, which blamed cheap cobalt supplies and slowing demand for electric vehicles in China.

Umicore said its underlying earnings (EBIT) will be around 10% below consensus for 2019, pointing out that it had been undercut by several competitors selling cheap cobalt, a key components in batteries that power electric vehicles.

READ: Johnson Matthey doubles down on electric ambitions as it strikes two key deals

Shares in the Belgian company dropped by 15% in reaction to the warning, helping to drag Johnson Matthey shares 1.5% lower to 3,383p in afternoon trade in London.

In a note reacting to the Umicore warning, UBS reiterated a ‘sell’ rating and 2,850p target price on Johnson Matthey shares, but pointed out that there is a limited immediate read-across for full-year 2019 for the UK firm.

The Swiss bank’s analysts said: “We see none of these issues as being immediately relevant for JMAT which has only just announced its first investment in battery materials.”

The UBS analysts also pointed out that Umicore said its catalysts business – which also overlaps with John Matthey – is actually expected to perform ahead of consensus

But, they added: “Whilst the soft trading in auto production in 1Q19 calendar may have some modest relevance for JMAT consensus for FY19 (we are 2% below EBIT cons. for 2H19) the bigger issue for us is FY2020 consensus, which currently models 7% EBIT growth.”

The analysts concluded: “We have a Sell rating on JMAT seeing the capital intensity of the group growing at a time of fragility in auto and truck markets globally.

“Short term we see consensus as vulnerable and over the long term we see ROCE fading materially given the 'greenfield' expansion into battery materials and the uncertainty of future margins in this industry, not to mention JMAT's ultimate share of the global market.”

]]>
Tue, 23 Apr 2019 15:03:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/218970/johnson-matthey-weak-as-belgiums-umicore-warns-on-cheap-cobalt-supply-slowing-electric-vehicles-demand-in-china-218970.html
<![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190418154119_14046954/ Thu, 18 Apr 2019 15:41:19 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190418154119_14046954/ <![CDATA[RNS press release - Directorate Change ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190401070007_14022508/ Mon, 01 Apr 2019 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190401070007_14022508/ <![CDATA[News - Johnson Matthey doubles down on electric ambitions as it strikes two key deals ]]> https://www.proactiveinvestors.co.uk/companies/news/217403/johnson-matthey-doubles-down-on-electric-ambitions-as-it-strikes-two-key-deals-217403.html Johnson Matthey PLC (LON:JMAT) has doubled down on its efforts to move into the world of electric vehicles (EV) amid declining demand for diesel cars.

The FTSE 100 group makes catalytic converters for a third of the world’s cars but it has been developing a new type of battery material called eLNO, which it hopes will help it tap into the growing EV market.

READ: Johnson Matthey post 19% rise in first-half profits

Johnson has today secured a site in Poland where it will build a commercial manufacturing plant for eLNO, which it reckons is cheaper and more powerful than materials currently used in EV batteries.

One of the key components of those batteries is lithium, and the company has signed a ten-year supply deal with Canadian miner Nemaska Lithium.

Johnson Matthey said the “two important developments” keep it on track to start commercial production in 2021/22. It plans to start supplying battery-makers by 2022/23.

“These two developments that we have announced today demonstrate that we are well on track with the commercialisation of eLNO,” said chief executive Robert Macleod.

“Having applied our world-class science to create eLNO technology that outperforms the market for customers, we are commercialising our technology for them through flexible, scalable manufacturing capacity in Poland and a secure supply of vital lithium-based raw materials.”

“We are firmly delivering in line with our strategy for break-out growth in Battery Materials and JM remains well placed for success as the global market for electric vehicles develops.”

Shares rose 2.1% to 3,178p on Thursday morning.

]]>
Thu, 28 Mar 2019 08:50:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/217403/johnson-matthey-doubles-down-on-electric-ambitions-as-it-strikes-two-key-deals-217403.html
<![CDATA[RNS press release - Strategic developments in eLNO commercialisation ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190328070019_14018676/ Thu, 28 Mar 2019 07:00:19 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190328070019_14018676/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190321154511_14011368/ Thu, 21 Mar 2019 15:45:11 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190321154511_14011368/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190221155208_13977751/ Thu, 21 Feb 2019 15:52:08 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190221155208_13977751/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207144342_13962247/ Thu, 07 Feb 2019 14:43:42 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207144342_13962247/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207092741_13961685/ Thu, 07 Feb 2019 09:27:41 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207092741_13961685/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207092522_13961682/ Thu, 07 Feb 2019 09:25:22 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207092522_13961682/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207092300_13961680/ Thu, 07 Feb 2019 09:23:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190207092300_13961680/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190121104323_13941305/ Mon, 21 Jan 2019 10:43:23 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190121104323_13941305/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190117153928_13938645/ Thu, 17 Jan 2019 15:39:28 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20190117153928_13938645/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181221162123_13913921/ Fri, 21 Dec 2018 16:21:23 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181221162123_13913921/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181211101740_13899164/ Tue, 11 Dec 2018 10:17:40 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181211101740_13899164/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181206172206_13894845/ Thu, 06 Dec 2018 17:22:06 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181206172206_13894845/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181122122415_13877373/ Thu, 22 Nov 2018 12:24:15 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181122122415_13877373/ <![CDATA[News - Johnson Matthey first-half profits rise 19%, full-year performance expected to be towards upper end of guidance ]]> https://www.proactiveinvestors.co.uk/companies/news/209654/johnson-matthey-first-half-profits-rise-19-full-year-performance-expected-to-be-towards-upper-end-of-guidance-209654.html Johnson Matthey PLC (LON:JMAT) shares jumped on Wednesday as the speciality chemicals group reported a strong rise in first-half profit and said it expects its full-year operating performance to be towards the upper end of its guidance.

The FTSE 100-listed catalytic convertors maker saw its pre-tax profit increase by 19% to £244mln for the six months to 30 September, up from £205mln a year earlier, as revenue rose by 10% to £7.11bn, up from £6.48bn.

READ: Johnson Matthey expects a stronger second half

The company said its clean air division continued to grow strongly, with sales up 11%, well ahead of global vehicle production, driven by double-digit growth in both light and heavy duty diesel.

In addition, the group said its Battery Materials business is progressing towards commercialisation, with a pilot plant operational and it is on track for design and construction of its first commercial plant, to be located in mainland Europe, with production continuing to be expected in 2021/22

Robert MacLeod, Johnson Matthey’s chief executive commented: "We had a good half, delivering double-digit sales and operating profit growth. I am pleased with the progress we are making on implementing our strategy and delivering solutions for our customers through the application of our strong science and technology.”

He added: "We now expect full-year operating performance towards the upper end of our guidance of id to high single-digit growth."

The company raised its interim dividend by 7% to 23.25p per share, up from 21.75p.

In early morning trading, Johnson Matthey shares topped the FTSE 100 gainers board, up 6.3% at 2,953p.

]]>
Wed, 21 Nov 2018 08:42:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/209654/johnson-matthey-first-half-profits-rise-19-full-year-performance-expected-to-be-towards-upper-end-of-guidance-209654.html
<![CDATA[RNS press release - Half-year Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181121070004_13874310/ Wed, 21 Nov 2018 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181121070004_13874310/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181018162022_13834507/ Thu, 18 Oct 2018 16:20:22 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20181018162022_13834507/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180920164209_13799033/ Thu, 20 Sep 2018 16:42:09 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180920164209_13799033/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180919155741_13797201/ Wed, 19 Sep 2018 15:57:41 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180919155741_13797201/ <![CDATA[RNS press release - Alan Ferguson - New Directorship ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180822113004_13764611/ Wed, 22 Aug 2018 11:30:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180822113004_13764611/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180816144430_13758480/ Thu, 16 Aug 2018 14:44:30 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180816144430_13758480/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180816132312_13758367/ Thu, 16 Aug 2018 13:23:12 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180816132312_13758367/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180815112520_13756520/ Wed, 15 Aug 2018 11:25:20 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180815112520_13756520/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180815112219_13756502/ Wed, 15 Aug 2018 11:22:19 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180815112219_13756502/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180815111123_13756469/ Wed, 15 Aug 2018 11:11:23 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180815111123_13756469/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180809145328_13750306/ Thu, 09 Aug 2018 14:53:28 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180809145328_13750306/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180809142041_13750263/ Thu, 09 Aug 2018 14:20:41 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180809142041_13750263/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180809141748_13750257/ Thu, 09 Aug 2018 14:17:48 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180809141748_13750257/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180808160924_13748735/ Wed, 08 Aug 2018 16:09:24 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180808160924_13748735/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180803140156_13743582/ Fri, 03 Aug 2018 14:01:56 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180803140156_13743582/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180803140000_13743577/ Fri, 03 Aug 2018 14:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180803140000_13743577/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180802161141_13742110/ Thu, 02 Aug 2018 16:11:41 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180802161141_13742110/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180802161013_13742109/ Thu, 02 Aug 2018 16:10:13 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180802161013_13742109/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180802160645_13742104/ Thu, 02 Aug 2018 16:06:45 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180802160645_13742104/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180726145813_13733101/ Thu, 26 Jul 2018 14:58:13 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180726145813_13733101/ <![CDATA[News - Johnson Matthey expects a stronger second half ]]> https://www.proactiveinvestors.co.uk/companies/news/201623/johnson-matthey-expects-a-stronger-second-half-201623.html Johnson Matthey Plc (LON:JMAT) told investors that it expects a stronger second-half performance, reflecting normal seasonality.

In a statement ahead of today’s AGM, the company said it anticipates growth in its operating performance will be in line with the medium-term guidance - for ‘mid-to-high single digit growth’.

READ: Liberum reckons the downgrades are over at Johnson Matthey

“In the first quarter, we delivered sales growth in line with our expectations, led by our Clean Air Sector and with growth in Efficient Natural Resources and New Markets, while sales in Health were broadly stable,” the company said.

“Our full year guidance for the group at constant rates is unchanged.”

Johnson Matthey added that cash generation and working capital remain a key focus, and it said that working capital “will be significantly higher” at the half year.

]]>
Thu, 26 Jul 2018 08:23:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/201623/johnson-matthey-expects-a-stronger-second-half-201623.html
<![CDATA[RNS press release - AGM trading update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180726070010_13731744/ Thu, 26 Jul 2018 07:00:10 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180726070010_13731744/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180719173442_13724837/ Thu, 19 Jul 2018 17:34:42 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180719173442_13724837/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180719162441_13724738/ Thu, 19 Jul 2018 16:24:41 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180719162441_13724738/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180712142047_13715951/ Thu, 12 Jul 2018 14:20:47 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180712142047_13715951/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180625160402_13692743/ Mon, 25 Jun 2018 16:04:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3211/LSE20180625160402_13692743/