The Johnson Matthey Board have approved an interim dividend of 22.0 pence per share, maintained at the same level as the prior year (1H 2021/22: 22.0 pence per share). The interim dividend will be paid on 1st February 2023, with an ex-dividend date of 8th December 2022, to shareholders on the register on 9th December 2022.
Other financial highlights include:
Revenue down 14%, driven by lower average PGM prices
Operating profit of £211 million, up materially, largely due to the absence of a one-off impairment in the prior period relating to Battery Materials
Profit before tax of £188 million, compared to a loss of £4 million in the prior period, reflecting higher operating profit due to the absence of the Battery Materials impairment
Reported earnings per share (continuing) of 82.0 pence
Cash inflow from operating activities of £145 million (1H 2021/22: £412 million)