Johnson Matthey PLC

Regulatory Filings • Jun 27, 2023

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RNS Number : 9579D

Johnson Matthey PLC

27 June 2023

Johnson Matthey:

Catalyst Technologies seminar

27th 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 Louise Curran Carla Fabiano	Director of Investor Relations Senior Investor Relations Manager Senior Investor Relations Manager	+44 20 7269 8241 +44 20 7269 8235 +44 20 7269 8004
Media
Barney Wyld Harry Cameron	Group Corporate Affairs Director Teneo	+44 20 7269 8001 +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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