JMAT Johnson Matthey Plc

TIDMJMAT

RNS Number : 9579D

Johnson Matthey PLC

27 June 2023

Johnson Matthey:

Catalyst Technologies seminar

27(th) June 2023

 
Enabling the net zero transition 
Johnson Matthey is today hosting a Catalyst Technologies seminar 
 for investors and analysts. 
 
We will provide greater insight in the vital role our Catalyst 
 Technologies business plays in the energy transition, which is 
 creating significant growth opportunities for Johnson Matthey. 
 
Besides our current core catalyst business, we have a growing 
 pipeline of more than 100 large scale sustainable technology 
 projects with a total addressable market estimated to be worth 
 c.GBP6.5bn by 2030, across low carbon hydrogen and sustainable 
 aviation fuel. 
 
We are now targeting: 
 
--  High single digit sales growth in the short-term for our Catalyst 
     Technologies business, accelerating to mid-teens growth over 
     the medium to long-term as these new opportunities scale 
 
--  Underlying operating margin returning to mid-teens within 
     two years (by end of 2024/25), and high teens within five 
     years (by end of 2027/28). We expect continued margin accretion 
     over the long-term as the proportion of licensing in the portfolio 
     increases 
 
The audio webcast will begin at 13:00 BST and interested parties 
 can register for the event through Johnson Matthey's website: 
 https://matthey.com/investors/results-reports-and-presentations 
 
                                 ENDS 
 
 
Enquiries: 
Investor Relations 
Martin Dunwoodie     Director of Investor Relations       +44 20 7269 8241 
 Louise Curran        Senior Investor Relations Manager    +44 20 7269 8235 
 Carla Fabiano        Senior Investor Relations Manager    +44 20 7269 8004 
Media 
Barney Wyld          Group Corporate Affairs Director     +44 20 7269 8001 
 Harry Cameron        Teneo                                +44 7799 152148 
 
 
Johnson Matthey Plc is listed on the London Stock Exchange (JMAT) 
Registered in England & Wales number: 00033774 
Legal Entity Identifier number: 2138001AVBSD1HSC6Z10 
 

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June 27, 2023 02:00 ET (06:00 GMT)

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