CERAM Web Site (Ceram is now called Lucideon)
 

[December 2000]

Johnson Matthey Interim Results for the half year ended 30th September 2000


Results
  • Profit before tax excluding exceptional items up 40% to £86.0 million
  • Operating Profit up 23% to £82.7 million. All three divisions delivering strong organic growth
  • Earnings per share excluding exceptional items up 36% to 27.9 pence
  • Interim dividend increased by 15% to 7.0 pence
    •  Business developments
  • Major investment programme continues in autocatalyst, chemicals and pharmaceutical materials
  • Significant investment in fuel cell R&D. JM well positioned to benefit from initial markets for fuel cells
  • Growth in Precious Metals supported by buoyant market demand for platinum group metals
  • Rationalisation and investment in growth markets producing good results in Colours & Coatings
    •  Commenting on the results, Chris Clark, Chief Executive of Johnson Matthey said:

    "All of our divisions are performing well. There are exciting opportunities before us especially in our key environmental technologies of autocatalysts and fuel cells. We are investing to ensure that Johnson Matthey benefits from these in the years ahead."

    ENDS


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