You are here

Prices & Quotes - UK Markets - Johnson Matthey (JMAT)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 3,235.00p
Change Today:
-4.00p
Market Cap:
6,436m
Sector:
Chemicals

Johnson Matthey performance at top of expectations

By Sean Farrell

Date: Thursday 08 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Johnson Matthey said annual performance would be around the top end of market expectations as the company announced a strategic review of its health business.


Consensus for annual operating profit for the year to the end of March is 469m with a range of 405m to 502m. The chemicals and science group said after disruption earlier in the year from Covid-19 it gained from stronger demand and tight cost control in the second half.

Johnson Matthey shares rose 4.4% to 32.36p at 08:19 GMT and were the biggest gainers in the FTSE 100 index.

Activity in the automotive industry and other customer markets improved and all regions recovered in the second half. Asia was strong, particularly China as government stimulus fuelled consumer demand. After a disrupted first quarter, demand in Europe and the Americas improved steadily.

The group's ratio of net debt to earnings is expected to be below the target range of 1.5 to 2 times with net debt under 850m. Johnson Matthey said it was making good progress on cutting costs by 225m by 2022/23 and would achieve savings of about 60m for the year just ended as planned.

Robert MacLeod, the company's chief executive, said: "I am very pleased with the progress we made, particularly in the second half. As a result, group operating performance for the year is expected to be around the top end of market expectations, alongside continued strong management of working capital."

Johnson Matthey said it was reviewing its health business as part of plans to focus on businesses that maximise value for shareholders.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Johnson Matthey Market Data

Currency UK Pounds
Price 3,235.00p
Change Today -4.00p
52 Week High 3,300.00p
52 Week Low 1,845.50p
Volume 265,069
Shares Issued 198.94m
Market Cap 6,436m
Beta 0.03

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Dividend Yield
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 7
Buy 1
Neutral 6
Sell 2
Strong Sell 3
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Johnson Matthey Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Nov-20 18-Jun-20
Paid 04-Feb-21 04-Aug-20
Amount 20.00p 31.12p

Trades for 13-May-2021

Time Volume / Share Price
16:35 145,389 @ 3,235.00p
16:29 23 @ 3,231.00p
16:29 81 @ 3,231.00p
16:29 75 @ 3,232.00p
16:29 75 @ 3,232.00p

Johnson Matthey Key Personnel

CEO Robert MacLeod
Chair Patrick W. Thomas
CFO Stephen Oxley