Johnson Matthey (JMAT)

Sector:

Industrial Chemicals

Index:

FTSE 250

1,491.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 1,870.00p
  • 52 Week Low: 1,469.00p
  • Currency: UK Pounds
  • Shares Issued: 171.49m
  • Volume: 484,342
  • Market Cap: £2,556.95m
  • RiskGrade: 168
  • Beta: 1.54

Johnson Matthey signs three-year supply agreement with Norway's Hystar

By Michele Maatouk

Date: Monday 22 May 2023

LONDON (ShareCast) - (Sharecast News) - Johnson Matthey said on Monday that it has signed a three-year strategic supply agreement with Hystar, a Norwegian high-tech hydrogen company, to ramp up renewable hydrogen production.
The company said this delivers on its milestone of winning at least two strategic partnerships in Hydrogen Technologies.

Matthey will supply membrane electrode assemblies (MEAs), key performance-defining components for electrolysers, as part of Hystar's commercialisation ramp-up. This represents the next step in the collaboration between the two companies which began in 2021, focused on electrolyser stack development and manufacturing scale-up, using the components provided by JM and Hystar's patented cell design.

As part of the collaboration, JM will supply MEAs for the Hystar PEM electrolysers to be used in the HyPilot project in Norway. The HyPilot project will verify Hystar's patented PEM technology under realistic field conditions, in collaboration with industry leaders Yara and Equinor, with end market demand driven by the trends in food production and energy security.

Mark Wilson, chief executive of Hydrogen Technologies at Johnson Matthey, said: "This strategic agreement with Hystar is an important endorsement of JM's electrolyser technology, manufacturing capability, supply chain access and our circularity offering.

"Partnerships such as this that bring together complementary capabilities and strengths of different organisations are essential to the development of the hydrogen economy."







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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 1,491.00p
Change Today -4.00p
% Change -0.27 %
52 Week High 1,870.00p
52 Week Low 1,469.00p
Volume 484,342
Shares Issued 171.49m
Market Cap £2,556.95m
Beta 1.54
RiskGrade 168

Johnson Matthey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.51% above the market average65.51% above the market average65.51% above the market average65.51% above the market average65.51% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Price Trend
26.39% below the market average26.39% below the market average26.39% below the market average26.39% below the market average26.39% below 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
Income
60.76% above the market average60.76% above the market average60.76% above the market average60.76% above the market average60.76% 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
92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average92.55% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% 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 21-Nov-2024

Time Volume / Share Price
16:35 1,957 @ 1,491.00p
16:35 152 @ 1,491.00p
16:35 86,369 @ 1,491.00p
16:35 1 @ 1,491.00p
16:35 34 @ 1,491.00p

Johnson Matthey Key Personnel

Chair Patrick W. Thomas
CFO Stephen Oxley
CEO Liam Condon

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