Johnson Matthey

Earnings trimmed owing to lower pgm price volatility and cost inflation

31/05/23 -"Lower pgm price volatility and cost inflation are the main reasons for the trimming of our 2023/24 earnings estimates despite somewhat stronger Clean Air business. The other businesses are expected ..."

PDF page sample
Pages
61
Language
English
Published on
31/05/23
Download
You may also be interested by these reports :
07/05/25
Add reiterated but 2025E peak to be reached in 2Q25E
05/05/25
We have trimmed our estimate to the lower end of the given EBITDA guidance range as we believe the current uncertainties weigh on a recovery of wafer ...
05/05/25
We expect a tough 1Q25E and no short-term trigger for the shares
05/05/25
The group reported anticipated figures for Q125. Positively, the group remains confident for the current year, despite a projected contraction in ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO