REG - Johnson Matthey PLC - Johnson Matthey: Catalyst Technologies seminar

Johnson MattheyAnnouncement

27/06/2023 07:15

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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.£6.5bn 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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