Johnson Matthey PLC Johnson Matthey: PGM Services seminar
27 Giugno 2024 - 8:00AM
RNS Regulatory News
RNS Number : 0206U
Johnson Matthey PLC
27 June 2024
Johnson Matthey:
PGM Services seminar
27th June 2024
Driving long-term sustainable value creation
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Johnson Matthey (JM) is today
hosting a PGM Services seminar for investors and
analysts.
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The seminar will deliver greater
insight into the fundamental role of PGM Services in enabling JM to help catalyse the net zero transition and drive further strong
cash generation. We will also provide details of the exciting
opportunities for growth as new PGM (platinum group metal)
applications are developed.
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PGMs have been the backbone of JM
for over 200 years. Today, underpinned by our
world-class R&D capability and PGM expertise, PGM Services is
at the heart of our business and critical to the successful
delivery of our strategy.
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PGM Services is a world leader
across the PGM value chain:
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number one secondary refiner of PGMs
globally
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largest global liquidity hub for
PGMs¹
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leader in developing high value
products
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differentiated through a
full-service customer offering
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In PGM Services, we are driving
sustainable long-term value creation through: higher refining
volumes, growth in new high value PGM applications, delivering
efficiencies including in working capital management from our new
world-class PGM refinery, and lower capital intensity.
With more stable PGM prices anticipated, we
expect this business to deliver at least low single digit CAGR in
operating profit over the medium to long-term, and strong cash
conversion.
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The audio webcast will begin at
13:00 BST and interested parties can register for the event through
Johnson Matthey's investor relations website:
https://matthey.com/investors
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ENDS
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Enquiries:
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Investor Relations
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Martin Dunwoodie
Louise Curran
Chris Wood
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Director of Investor Relations and Treasury
Head of Investor Relations
Senior Investor Relations Manager
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+44 20 7269 8241
+44 20 7269 8235
+44 20 7269 8138
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Media
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Sinead Keller
Harry Cameron
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Group External Relations Director
Teneo
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+44 20 7269 8218
+44 7799 152148
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Notes:
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1.
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Global liquidity hub for PGM sponge
(powder).
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Johnson Matthey Plc is listed on the
London Stock Exchange (JMAT)
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Registered
in England & Wales number:
00033774
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Legal Entity Identifier number:
2138001AVBSD1HSC6Z10
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