Johnson Matthey expects to report full year results in line with market expectations

Johnson Matthey releases a pre-close trading update for the financial year ended 31st March 2022, ahead of its full year results scheduled for 26th May 2022.

Group underlying operating performance expected to be in line with current market expectations
- Good performances in Clean Air and Efficient Natural Resources
- Continued investment into Hydrogen Technologies to drive future growth
- Strategy review ongoing and update to be provided alongside full year results
- Simplifying portfolio with exit from Advanced Glass Technologies completed; Battery Materials and Health expected shortly, as planned

Liam Condon, Chief Executive, commented:
"I am excited to have joined Johnson Matthey, and in my first month as Chief Executive I have been deeply impressed with the people and the quality of our technology. Looking at our full year results, it is pleasing that despite significant market uncertainty these are expected to be in line with current market expectations, with good performances in our core businesses giving a solid base from which to build further.

Together with my team, we are reviewing our strategy and focused on providing a clear pathway to demonstrate how the group will create value from the many exciting opportunities we face as the world transitions to net zero. I look forward to moving at pace and sharing our conclusions with you at our preliminary results on 26th May." 

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