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Johnson Matthey PLC (JMAT.L)

JMAT.L on London Stock Exchange

3,130.00GBp
24 May 2019
Change (% chg)

50.00 (+1.62%)
Prev Close
3,080.00
Open
3,098.00
Day's High
3,148.00
Day's Low
3,076.00
Volume
518,333
Avg. Vol
398,819
52-wk High
3,873.00
52-wk Low
2,574.00

Latest Key Developments (Source: Significant Developments)

Johnson Matthey Signs 10-Year Deal With Nemaska Lithium
Thursday, 28 Mar 2019 

March 28 (Reuters) - Johnson Matthey PLC ::STRATEGIC DEVELOPMENTS IN ELNO COMMERCIALISATION.SITE IN POLAND SECURED FOR CONSTRUCTION OF COMMERCIAL PLANT, WITH ROOM FOR SIGNIFICANT EXPANSION.SUPPLY OF LITHIUM-CONTAINING RAW MATERIALS SECURED VIA A LONG TERM SUPPLY AGREEMENT WITH NEMASKA LITHIUM INC.JM IS ON TRACK WITH ITS PLANS TO START COMMERCIAL PRODUCTION IN 2021/22 FOR ELNO.JM IS ON TRACK TO BE SUPPLYING PLATFORMS IN PRODUCTION IN 2022/23 FOR ELNO.POLAND LOCATION HAS POTENTIAL FOR UP TO 100,000 MTPA PLANT CAPACITY.FOR POLAND LOCATION, INITIAL 10,000 MTPA PLANT CONSTRUCTION EXPECTED TO START THIS YEAR.HAS AGREED A TEN-YEAR AGREEMENT WITH NEMASKA LITHIUM FOR SUPPLY OF LITHIUM HYDROXIDE USED IN MANUFACTURE OF ELNO.  Full Article

Johnson Matthey And Lithium Werks Sign Long-Term LFP Battery Materials Supply Agreement
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Johnson Matthey PLC ::JOHNSON MATTHEY AND LITHIUM WERKS SIGN LONG-TERM LFP BATTERY MATERIALS SUPPLY AGREEMENT.JOHNSON MATTHEY AND LITHIUM WERKS SIGN LONG-TERM LFP BATTERY MATERIALS SUPPLY AGREEMENT.JOHNSON MATTHEY PLC - LONG-TERM BATTERY MATERIALS SUPPLY AGREEMENT WITH ENERGY STORAGE AND BATTERY COMPANY LITHIUM WERKS.JOHNSON MATTHEY PLC - AGREEMENT WILL START 1 APRIL 2019 AND RUN FOR FIVE YEARS.JOHNSON MATTHEY PLC - JM WILL SUPPLY ITS LITHIUM IRON PHOSPHATE (LFP) BATTERY CATHODE MATERIAL MANUFACTURED AT ITS FACILITY IN CHANGZHOU, CHINA.  Full Article

Johnson Matthey Partners With Immunomedics To Develop Cancer Treatment
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Johnson Matthey::JOHNSON MATTHEY PLC - CO PARTNERS WITH IMMUNOMEDICS TO DEVELOP CANCER TREATMENT.JOHNSON MATTHEY PLC - MANUFACTURING PARTNERSHIP IS FOR LARGE-SCALE PRODUCTION OF THE DRUG-LINKER USED IN IMMUNOMEDICS’ LEAD ANTIBODY-DRUG CONJUGATE.  Full Article

Johnson Matthey HY Underlying Pretax Profit Of 251 Mln Stg
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Johnson Matthey PLC ::HY REVENUE 7,108 MILLION STG VERSUS 6,478 MILLION STG REPORTED A YEAR AGO.EXPECT FULL YEAR OPERATING PERFORMANCE TOWARDS UPPER END OF OUR GUIDANCE OF MID TO HIGH SINGLE DIGIT GROWTH.REMAIN ON TRACK WITH OUR PLANS TO COMMERCIALISE ELNO.SEE FY GROWTH IN OPERATING PERFORMANCE AT CONSTANT RATES TOWARDS UPPER END OF PREVIOUS GUIDANCE OF MID TO HIGH SINGLE DIGIT GROWTH.TRADING IN LINE WITH FULL YEAR EXPECTATIONS AND OUR OUTLOOK FOR HEALTH IS UNCHANGED.FOR FULL YEAR, WE CONTINUE TO EXPECT SALES IN HEALTH TO BE BROADLY STABLE AND FOR OPERATING PROFIT TO BE DOWN.HY UNDERLYING PROFIT BEFORE TAX 251 MILLION STG VERSUS 233.1 MILLION STG REPORTED A YEAR AGO.CONFIDENT IN PLANS MADE FOR POSSIBLE BREXIT SCENARIOS, AND WE ARE IN A GOOD POSITION TO MANAGE EFFECTS ON OUR EUROPEAN OPERATIONS.BOARD HAS INCREASED INTERIM DIVIDEND BY 7% TO 23.25 PENCE PER SHARE.WORKING GROUP STARTED TO IMPLEMENT NUMBER OF ACTIONS TO MITIGATE BREXIT RISKS WITH A SPECIFIC FOCUS ON TRADE, REGULATION, PEOPLE.TAKING STEPS TO MINIMISE IMPACT OF DISRUPTION IN OUR SUPPLY CHAIN BECAUSE OF BREXIT, FOR EXAMPLE THROUGH BUILDING INVENTORY.CAPITAL EXPENDITURE FOR FULL YEAR IS EXPECTED TO BE UP TO £350 MILLION.  Full Article

Johnson Matthey Secures Contract To License Technology For Methanex's Project
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Johnson Matthey PLC ::SECURED CONTRACT TO LICENSE AUTOTHERMAL REFORMING, METHANOL TECHNOLOGY FOR METHANEX CORP'S POTENTIAL GEISMAR 3 METHANOL PROJECT.  Full Article

Johnson Matthey To Build Battery Materials Demonstration Plant In Clitheroe Uk
Monday, 2 Jul 2018 

July 2 (Reuters) - Johnson Matthey PLC ::JOHNSON MATTHEY TO BUILD BATTERY MATERIALS DEMONSTRATION PLANT IN CLITHEROE UK.  Full Article

Johnson Matthey FY Revenue 14,122 mln Stg vs. 12,031 mln Stg
Thursday, 31 May 2018 

May 31 (Reuters) - Johnson Matthey PLC ::FINAL DIVIDEND UP 7 PERCENT TO 58.25 PENCEPER SHARE.TOTAL DIVIDEND 80 PENCEPER SHARE.FINANCIAL PERFORMANCE IN LINE WITH OUR EXPECTATIONS AT START OF YEAR.FY REVENUE 14,122 MILLION STG VERSUS 12,031 MILLION STG YEAR AGO.PROPOSING AN INCREASE IN FINAL DIVIDEND OF 7%.IN COMING YEAR WE EXPECT MID TO HIGH SINGLE DIGIT GROWTH IN OPERATING PERFORMANCE.FY UNDERLYING OPERATING PROFIT 525 MILLION STG VERSUS 513 MILLION STG YEAR AGO.SEES OVER MEDIUM TERM, MID TO HIGH SINGLE DIGIT EPS CAGR, EXPANDING ROIC TO 20% AND, AS A RESULT, A PROGRESSIVE DIVIDEND.EXPECT SECOND HALF PERFORMANCE TO BE STRONGER MAINLY REFLECTING OUR NORMAL SEASONALITY.JOHNSON MATTHEY - YEAR ENDING MARCH 2019 EXPECT GROWTH IN OPERATING PERFORMANCE TO BE IN LINE WITH MEDIUM TERM GUIDANCE OF MID TO HIGH SINGLE DIGIT GROWTH.JOHNSON MATTHEY - TRANSLATIONAL FOREX MOVEMENTS FOR YEAR ENDING MARCH 2019 EXPECTED TO ADVERSELY IMPACT SALES, UNDERLYING OPERATING PROFIT BY £41 MILLION AND £6 MILLION.  Full Article

Johnson Matthey Says Patrick Thomas Will Succeed Tim Stevenson As Chairman
Monday, 16 Apr 2018 

April 16 (Reuters) - Johnson Matthey PLC ::PATRICK THOMAS WILL SUCCEED TIM STEVENSON AS CHAIRMAN.  Full Article

Johnson Matthey posts HY ‍reported EPS down 5%
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - JOHNSON MATTHEY PLC ::INTERIM DIVIDEND UP 6 PERCENT TO 21.75 PENCEPER SHARE.‍STRONG OPERATIONAL MOMENTUM CONTINUED AND FULL YEAR OUTLOOK CONFIRMED​.HY ‍REPORTED EPS DOWN 5% TO 87.9 PENCE​.FOR SIX MONTHS ENDED SEPT 30 2017, ‍REPORTED REVENUE UP 15%​.HY ‍REPORTED OPERATING PROFIT DOWN 2%​.‍INTERIM DIVIDEND UP 6% TO 21.75 PENCE REFLECTING CONFIDENCE IN MEDIUM TERM OUTLOOK​.FY 2018 ‍SALES GROWTH, AT CONSTANT RATES, IS STILL EXPECTED TO BE AROUND 6%​.‍FY 2018 OPERATING PROFIT OUTLOOK IS UNCHANGED​.‍SALES GROWTH, AT CONSTANT RATES, IS STILL EXPECTED TO BE AROUND 6% FOR YEAR ENDING 31 ST MARCH 2018​.  Full Article

PLATINUM WEEK-Oversupply looms over investor bets on platinum rebound

LONDON, May 13 Investors have poured cash into bets that platinum prices will revive after a decade of declines, but excess supply is likely to keep a lid on gains.