Johnson Matthey Clean Air roundtable

RNS Number : 8058A

Johnson Matthey PLC

07 February 2022

 

7^th February 2022

Johnson Matthey Plc

(the Company)

Johnson Matthey Clean Air roundtable

Today, Johnson Matthey will hold a Clean Air roundtable event for investors and analysts hosted by Alastair Judge, Clean Air Chief Financial Officer and Interim Chief Executive, Peter Hill, Clean Air Chief Commercial Officer and Transformation Director, and Millissa Flanagan, Clean Air Chief Operations Officer.  

The session aims to provide greater insight into Clean Air and its outlook for cash generation over the medium and long-term. We reiterate our cashflow target of at least £4 billion by 2030/31¹ under a range of scenarios for changes in automotive markets. We also outline our confidence in the significant profitability and cash generation of the business beyond this period. These expectations are underpinned by:

· Our leadership positions in the markets in which we operate

· Tightening emissions legislation globally

· Delivering on robust commercial and operational plans

· Driving cost and efficiency across our operations

· A strong team, with a breadth of automotive and transformation experience

The presentation materials are available on our website via the following link:

https://matthey.com/en/investors/presentations

Note

1.  Driving at least £4 billion of cash under our range of scenarios from 1^st April 2021 to 31^st March 2031, as disclosed at our 2020/2021 full year results on 27^th May 2021.

ENDS

Enquiries:
Investor Relations Martin Dunwoodie Louise Curran Carla Fabiano	Director of Investor Relations Senior Investor Relations Manager Senior Investor Relations Manager	[phone] [phone] [phone]
Media Barney Wyld Harry Cameron	Group Corporate Affairs Director Tulchan Communications	[phone] [phone]

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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