Full Year Results 

Johnson Matthey emerges in clean air

Johnson Matthey emerges in clean air

Johnson Matthey (JMAT) achieved its 2019 target of securing around a 65 per cent share of the European light duty diesel market for its clean air division. Clean air, which supplies catalytic converters, saw sales rise 11 per cent, ahead of the global 2 per cent decline in light duty vehicle production. Johnson Matthey’s new markets arm, meanwhile, saw operating profit drop 85 per cent owing to further investment in its eLNO battery material and weaker profitability in medical device components.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now