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Johnson Matthey to keep all staff on books until June

The group has started to manufacture goggles and visors across its sites for community medical staff and care organisations

Johnson Matthey PLC -
The metals and chemicals group said it will maintain payment terms to suppliers

Johnson Matthey PLC (LON:JMAT) has said it does not intend to make any staff redundant or furlough them before the end of June and will keep its facilities open where it can.

The FTSE 100-listed metals and chemicals group added that it will also maintain payments terms to suppliers and support those small customers that ask for early payment because of the crisis.

Johnson Matthey said it had also started to manufacture goggles and visors across its sites for community medical staff and care organisations and was donating PPE equipment to medical groups.

The firm added that its chairman Patrick Thomas, chief executive, Robert MacLeod, chief financial officer, Anna Manz and its non-executive directors will make a donation equal to 20% of their salaries and fees for at least the first quarter of 2020/21 to provide support to the company's special fund for science education.

Quick facts: Johnson Matthey PLC

Price: 2332 GBX

LSE:JMAT
Market: LSE
Market Cap: £4.51 billion
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