Johnson Matthey releases transcript of FY2025/26 results call for year ended March 31, 2026

  • Johnson Matthey management briefed investors on FY2025/26 results and strategy; CEO Liam Condon and CFO Alastair Judge attended.
  • Underlying operating profit rose 6% at constant metal prices and FX; free cash flow reached GBP 168 million; total dividend held at 77p.
  • Agreed to buy US stationary emissions catalyst maker Cormetech for USD 360 million, about 10x 2026 EBITDA, with up to USD 100 million revenue-based earnout.
  • Cormetech outlook: 2026 sales projected at USD 180 million with USD 35 million EBITDA; contracted orderbook USD 300 million to 2027; USD 1 billion pipeline.
  • Capex guidance for 2026/27 lifted to about GBP 230 million on higher new refinery spend; group reiterated at least GBP 1 billion shareholder return from Catalyst Technologies sale.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Johnson Matthey plc published the original content used to generate this news brief on June 03, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.