Johnson Matthey (LON:JMAT) reported higher underlying profit, improved margins and stronger cash generation for fiscal 2025/2026, while management outlined progress on a restructuring strategy, the pending sale of Catalyst Technologies and a new acquisition aimed at expanding its emissions-control business.
Chief Executive Officer Liam Condon said the company’s underlying growth of 6%, excluding the impact of precious metal prices, was in line with previously upgraded guidance. Reported underlying operating profit growth was 14%, helped by higher precious metal prices.
