JMAT reported slightly lower total sales (-1% to £736m ex- precious metal trading), but skipping out the effects from the divestures (Gold and Silver Refining, Research Chemicals) sales would have been up by +3%. Management expects to deliver a strong Q4 and to benefit from restructuring activities.
03 Feb 2016
Continuing businesses give a mixed picture
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Continuing businesses give a mixed picture
Johnson Matthey Plc (JMAT:LON) | 2,130 -1150.2 (-2.5%) | Mkt Cap: 3,580m
- Published:
03 Feb 2016 -
Author:
Martin Schnee - Pages:
-
JMAT reported slightly lower total sales (-1% to £736m ex- precious metal trading), but skipping out the effects from the divestures (Gold and Silver Refining, Research Chemicals) sales would have been up by +3%. Management expects to deliver a strong Q4 and to benefit from restructuring activities.