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 | |
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| Enquiries: | ||
| Investor Relations | ||
| Martin DunwoodieLouise CurranCarla Fabiano | Director of Investor RelationsSenior Investor Relations ManagerSenior Investor Relations Manager | +44 20 7269 8241+44 20 7269 8235+44 20 7269 8004 |
| Media | ||
| Barney WyldHarry Cameron | Group Corporate Affairs DirectorTeneo | +44 20 7269 8001+44 7799 152148 |