Johnson Matthey PLC
26 September 2007
For Release at 7.00 am Wednesday 26th September 2007
Johnson Matthey Pre Close Trading Update for the Half Year
The first half of Johnson Matthey's current financial year ends on 30th
September 2007 and its interim results for the half year will be announced on
28th November 2007. Prior to entering its closed period the company is today
issuing the following update on current trading:
'Trading in the first half of Johnson Matthey's financial year has been in line
with expectations. The encouraging start made in the first quarter has
continued in the second. Our new Environmental Technologies Division has
achieved strong sales growth with Emission Control Technologies (ECT) well
ahead. Sales of heavy duty diesel catalysts for new vehicles in both Europe and
North America have increased substantially following the introduction of new
emission standards last year. Process Technologies has also seen good demand
with continued growth in sales to China.
Precious Metal Products Division has benefited from the favourable trading
conditions for platinum group metals and good demand for manufactured products
and refining services. Fine Chemicals & Catalysts Division has achieved good
sales growth with demand for both fine chemicals and catalysts ahead of last
year.
The segmental results for the first half of last year, restated for the new
divisions announced in June, are shown below.'
Comparative Information for Prior Year Restated for New Divisions
Half year to 30th September 2006 Year to 31st March 2007
Sales to External Operating Sales to External Operating
external sales profit external sales profit
customers excluding customers excluding
precious precious
metals metals
£ million £ million £ million £ million £ million £ million
Environmental 858.1 392.1 57.7 1,864.3 896.2 120.1
Technologies
Precious Metal Products 1,860.5 134.3 37.2 3,824.4 290.0 85.3
Fine Chemicals & 203.4 127.1 30.1 463.0 268.0 64.2
Catalysts
Corporate - - (8.4) - - (17.2)
Continuing Businesses 2,922.0 653.5 116.6 6,151.7 1,454.2 252.4
Enquiries:
Ian Godwin Director, IR and Corporate Communications 020 7269 8410
John Sheldrick Group Finance Director 020 7269 8408
Howard Lee The HeadLand Consultancy 020 7367 5225
Laura Hickman The HeadLand Consultancy 020 7367 5227
www.matthey.com
This information is provided by RNS
The company news service from the London Stock Exchange
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