Johnson Matthey increases its 2017 interim dividend by 5%

DividendMax Ltd.

Johnson Matthey increases its 2017 interim dividend by 5%

Highlights

First half sales up 5% and underlying PBT up 5%

Performance of the group at constant rates on-track and in line with our previous expectations

Continuing businesses at constant rates: sales down 1% and underlying PBT down 3%

Full year outlook for continuing businesses at constant rates unchanged - expect performance to be slightly ahead of last year

Interim dividend up 5% to 20.5 pence, reflecting confidence in group's medium term prospects

At 30th September 2016 rates, ~£65 million translational benefit to full year underlying operating profit

Companies mentioned