Johnson Matthey to cut 2,500 jobs as coronavirus bites June 11, 2020 Manufacturing firm Johnson Matthey has announced that it will cut 2,500 jobs over the next three year as a result of the coronavirus pandemic. The FTSE 100 company said that the crisis had knocked its underlying profit by £60m as it unveiled its annual results today. Shares in the firm slipped 3.1 per cent in [...]
Johnson Matthey shares jump as clean air tech the catalyst for profit boost November 21, 2018 Chemical technology company Johnson Matthey’s share price rose by 14.3 per cent today after it posted a strong rise in profit in its half year results. The company, which develops emissions control technologies such as catalytic converters, reported double digit year-on-year growth across several key metrics and said it expected its full year performance to [...]
Johnson Matthey bottom line lifted by benign UK tax regime June 5, 2015 Sustainable tech firm Johnson Matthey said its annual results were in line with expectations yesterday as falling revenues failed to stop growth at the bottom line. The UK-based company, which is the world’s largest of autocatalysts, reported strong growth in sales of its emission control technologies and processing technologies. However, these gains were offset by weak [...]
Johnson Matthey reports jump in profits as chief executive steps down June 5, 2014 On the day its chief executive steps down, chemicals firm Johnson Matthey has reported a surge in profit before tax of 17 per cent to £406.6m, for the year ended 31st March. Meanwhile, revenue rose four per cent, with sales excluding precious metals jumping 11 per cent to £3bn. Emission control technologies outperformed the underlying [...]
London Report: FTSE led higher by new Johnson Matthey boost October 14, 2013 THE FTSE 100 inched higher yesterday, led by catalytic converter maker Johnson Matthey on the back of an analyst rating upgrade, while the slow progress in US debt talks kept any broad market gains in check. The FTSE 100 closed up by 20.46 points, or 0.3 per cent, to 6,507.65 points, having climbed 2.4 per [...]