|Bid||3,420.00 x 6500|
|Ask||3,830.00 x 5600|
|Day's range||3,680.00 - 3,746.00|
|52-week range||2,677.68 - 3,873.00|
|PE ratio (TTM)||23.90|
|Earnings date||20 Nov 2017 - 24 Nov 2017|
|Forward dividend & yield||0.80 (2.24%)|
|1y target est||3,900.83|
Johnson Matthey chief executive Robert MacLeod on Thursday shot down City talk of a break-up of the chemicals group saying it “would destroy the value of what makes JM great”.
Chemicals group Johnson Matthey (JMAT.L) said on Thursday it expected to start production in 2021-22 of a battery material it has developed with improved performance and reduced cobalt content to contain costs. The company has long relied on demand for its technology to curb emissions from diesel and gasoline vehicles, but said in September it was preparing for the shift to electric drives by investing 200 million pounds in developing next-generation technology. The new plant will be in Europe and should be producing at the start of the next decade, but Johnson Matthey has yet to decide where to build it, Chief Financial Officer Anna Manz said in a telephone interview.
Over the past 10 years Johnson Matthey Plc (LSE:JMAT) has returned an average of 2.00% per year from dividend payouts. The stock currently pays out a dividend yield of 2.19%,Read More...
Johnson Matthey (JMPLY) appears to be a good choice for value investors right now, given its favorable P/E and P/S metrics.
Julian Sarkar has spent more than 10 years and around 600,000 euros ($740,000) making his small British company compliant with strict European Union regulations to import chemicals into the bloc. Now (Frankfurt: 11N.F - news) , incensed by the government's pursuit of what he sees as an extreme version of Brexit, he is shifting a third of his business into continental Europe, fearing that higher costs and bureaucracy will prove toxic for his firm over time. "I despair," said the 59-year-old, who will avoid UK ports when shipping goods from India and China into continental Europe with his firm Zanos.
The platinum market is set for another surplus this year after recording oversupply of 110,000 ounces in 2017, Johnson Matthey (LSE: JMAT.L - news) said in a report on Wednesday, although its sister metal palladium is tipped to see another deficit. "Before accounting for investment, we expect global platinum consumption to rise slightly," said Johnson Matthey, a leading manufacturer of vehicle catalysts. "Assuming that investment demand in 2018 is similar to last year, the market is likely to remain in modest surplus," it added.
Truck engine giant Cummins is buying the battery systems unit of U.K.-based Johnson Matthey as the trucking industry moves toward alternative-fuel vehicles.
** Barclays analysts say avoidance of stocks with diesel exposure may begin to change this year, arguing that the most pessimistic scenarios around diesel are overdone ** It believes diesel may have a ...
European oil shares, having been for so long the dividend darlings of income funds, are losing their pulling power as investors take another look at the long term future of energy companies focused on fossil fuels. A proposal by the world's largest $1 trillion (£0.8 trillion) sovereign wealth fund to ditch its oil and gas shares because of the volatile oil price, has highlighted the risks of being exposed to a sector which analysts say is in long term decline. Investors are pulling money out of exchange traded funds (ETFs) tracking global oil and gas stocks.
Johnson Matthey (JMAT.L), a leader in catalysts for car emission control devices, on Tuesday reported a 2 percent fall in first-half operating profit, following one-off charges related to restructuring. The company has come under pressure from expectations that growth in electric vehicles will erode its market for technology to control emissions.
Johnson Matthey (LSE: JMAT.L - news) , a leader in catalysts for car emission control devices, on Tuesday reported a 2 percent fall in first-half operating profit, following one-off charges related to restructuring. On Tuesday, it reported a 15 percent rise in revenue and said sales growth at constant rates this year was still expected to be around 6 percent. Earnings per share (EPS) fell 5 percent to 87.9 pence but the company raised its interim dividend by 6 percent to 21.75p.
Johnson Matthey (LSE: JMAT.L - news) said it will invest an initial 200 million pounds ($270 mln) in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market. Its Clean Air business, which includes autocatalysts, is expected to show "strong single-digit sales growth" in the next two to three years, driven by share gains in European light duty and upcoming tighter legislation, the company said in a statement, released to mark JM (LSE: 0MI3.L - news) 's Capital Markets day. From then on, growth will slow as a move away from light duty diesel engines in Europe and the expansion of the battery electric light duty vehicle market offset growth in Asia and strength in the heavy duty sector in North America, it said.
** Specialty chemicals co Johnson Matthey rises 3.2 pct to a 3-month high after confirming guidance for the year ending March 2018 ** Co also says operating profit will benefit by £13m from a forex move ...