Johnson Matthey (JMAT)

Sector:

Industrial Chemicals

Index:

FTSE 250

1,760.00p
   
  • Change Today:
    -34.00p
  • 52 Week High: 1,870.00
  • 52 Week Low: 1,446.50
  • Currency: UK Pounds
  • Shares Issued: 193.59m
  • Volume: 45,025
  • Market Cap: £3,407.18m
  • RiskGrade: 168

Johnson Matthey sells Diagnostic Services for £55m

By Michele Maatouk

Date: Wednesday 03 May 2023

LONDON (ShareCast) - (Sharecast News) - Johnson Matthey announced the sale on Wednesday of Diagnostic Services, a business providing specialised detection, diagnostic, and measurement solutions, to UK-based private equity investor Sullivan Street Partners for £55m in cash.
Diagnostic Services is a part of JM's 'value businesses' and has been identified as non-core to the company's growth strategy.

Sullivan Street Partners has partnered with Scottish-based private family investment office Souter Investments for the acquisition.

In the year to the end of March 2022, Diagnostic Services reported external sales of £55m, operating profit of £4m and net assets of £35m. A small accounting loss on sale is expected.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Johnson Matthey Market Data

Currency UK Pounds
Share Price 1,760.00p
Change Today -34.00p
% Change -1.90 %
52 Week High 1,870.00
52 Week Low 1,446.50
Volume 45,025
Shares Issued 193.59m
Market Cap £3,407.18m
RiskGrade 168

Johnson Matthey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.61% above the market average48.61% above the market average48.61% above the market average48.61% above the market average48.61% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
15.59% above the market average15.59% above the market average15.59% above the market average15.59% above the market average15.59% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Income
44.40% above the market average44.40% above the market average44.40% above the market average44.40% above the market average44.40% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
93.13% below the market average93.13% below the market average93.13% below the market average93.13% below the market average93.13% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 6
Sell 2
Strong Sell 0
Total 12
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Johnson Matthey Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 30-Nov-23
Paid 06-Aug-24 06-Feb-24
Amount 55.00p 22.00p

Trades for 29-May-2024

Time Volume / Share Price
12:02 2 @ 1,760.00p
12:00 30 @ 1,760.69p
11:56 71 @ 1,761.00p
11:56 100 @ 1,759.00p
11:55 7 @ 1,758.00p

Johnson Matthey Key Personnel

Chair Patrick W. Thomas
CFO Stephen Oxley
CEO Liam Condon

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