Revenue, earnings fall as expected at Johnson Matthey

23rd Nov 2022 07:22

(Sharecast News) - Johnson Matthey reported half-year results in line with expectations on Wednesday, with revenue falling 14% to £7.33bn, as underlying sales rose 5% to £2bn.

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Wednesday preview. Fed meeting minutes, Johnson Matthey in focus

22nd Nov 2022 10:03

(Sharecast News) - The market spotlight on Wednesday was expected to be on the release of the minutes of the US central bank's most recent policy meeting.

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Johnson Matthey to build £80.0m gigafactory at Royston site

18th Jul 2022 07:15

(Sharecast News) - Sustainable technologies group Johnson Matthey will build an £80.0m gigafactory at its existing site in Royston as part of an effort to scale up the manufacturing of hydrogen fuel cell components.

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Director dealings: Johnson Matthey non-exec spends over £51k

14th Jun 2022 14:31

(Sharecast News) - Speciality chemicals company Johnson Matthey was on the list of director buys on Tuesday, after one of its non-executive directors spent over £51k on shares.

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Deutsche Bank hikes target price on Johnson Matthey

30th May 2022 10:09

(Sharecast News) - Analysts at Deutsche Bank raised their target price on speciality chemicals and sustainable technologies company Johnson Matthey from 2,000.0p to 2,300.0p on Monday, stating the group was in the process of starting its "cultural change" journey.

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Johnson Matthey says China, Ukraine hitting outlook; Sells battery business

26th May 2022 07:28

(Sharecast News) - Sustainable technologies firm Johnson Matthey said it expected current operating performance to be in the lower half of forecasts, as its customers were impacted by Covid lockdowns in China and the Ukraine war, and also announced the sale of its batteries business.

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Johnson Matthey invests €20m in Germany's Enapter

25th May 2022 13:50

(Sharecast News) - Johnson Matthey said on Wednesday that it has entered into a strategic partnership with German energy technology company Enapter as it looks to expand its presence in green hydrogen.

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Jefferies upgrades Johnson Matthey to 'buy'

4th May 2022 08:05

(Sharecast News) - Jefferies upgraded shares of Johnson Matthey on Wednesday to 'buy' from 'hold', lifting the price target to 2,600p from 2,100p after Standard Investments took a stake in the company.

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Johnson Matthey shares surge as Standard Industries takes 5% stake

29th Apr 2022 11:37

(Sharecast News) - Shares in UK chemicals firm Johnson Matthey surged by more than 30% on Friday after the investment arm of New York-based Standard Industries took a 5.23% stake.

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Johnson Matthey sees FY in line amid supply chain, inflation issues

8th Apr 2022 07:03

(Sharecast News) - Sustainable technology company Johnson Matthey said it expected annual results to be in line with market expectations, but warned of continued supply chain disruption for its automotive customers and increased cost inflation.

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Johnson Matthey to close battery materials business, sell assets

12th Jan 2022 14:27

(Sharecast News) - Johnson Matthey has announced the proposed closure of its battery materials business and the sale of the individual assets after talks over the sale of the entire division failed to result in an agreement.

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Director dealings: Johnson Matthey non-exec picks up some shares near recent lows

4th Jan 2022 16:24

(Sharecast News) - A Johnson Matthey director picked up some shares in the of specialty chemicals manufacturer even as they traded near their 52-week lows.

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Johnson Matthey sells health business for £325m

17th Dec 2021 07:03

(Sharecast News) - UK chemicals group Johnson Matthey has sold its health business to Altaris Capital Partners for £325m, the company said on Friday.

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Tata Chemicals in talks to buy Johnson Matthey's batteries business - report

29th Nov 2021 10:31

(Sharecast News) - Johnson Matthey rallied on Monday following a report that India's Tata Chemicals is interesting in buying the company's batteries business.

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Johnson Matthey to sell glass tech business, unveils £200m buyback

24th Nov 2021 07:04

(Sharecast News) - Chemicals company Johnson Matthey on Wednesday said it had sold its advanced glass technologies business to Fenzi Holdings for £178m as it reported a half-year loss and announced a £200m share buyback.

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