Johnson Matthey (JMAT)

Sector:

Industrial Chemicals

Index:

FTSE 250

1,777.00p
   
  • Change Today:
      30.00p
  • 52 Week High: 1,963.50
  • 52 Week Low: 1,446.50
  • Currency: UK Pounds
  • Shares Issued: 193.59m
  • Volume: 38,421
  • Market Cap: £3,440.09m
  • 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 1,777.00p
Change Today 30.00p
% Change 1.72 %
52 Week High 1,963.50
52 Week Low 1,446.50
Volume 38,421
Shares Issued 193.59m
Market Cap £3,440.09m
RiskGrade 168

Johnson Matthey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.79% above the market average60.79% above the market average60.79% above the market average60.79% above the market average60.79% 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
Price Trend
23.08% above the market average23.08% above the market average23.08% above the market average23.08% above the market average23.08% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Income
49.94% above the market average49.94% above the market average49.94% above the market average49.94% above the market average49.94% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Growth
53.05% below the market average53.05% below the market average53.05% below the market average53.05% below the market average53.05% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 6
Sell 1
Strong Sell 0
Total 11
buy
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
  Interim Final
Ex-Div 30-Nov-23 08-Jun-23
Paid 06-Feb-24 01-Aug-23
Amount 22.00p 55.00p

Trades for 29-Apr-2024

Time Volume / Share Price
13:50 87 @ 1,777.00p
13:50 59 @ 1,777.00p
13:50 84 @ 1,776.00p
13:50 156 @ 1,776.00p
13:45 24 @ 1,776.00p

Johnson Matthey Key Personnel

Chair Patrick W. Thomas
CFO Stephen Oxley
CEO Liam Condon

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