Financial Data and Key Metrics Changes - Reported sales decreased by 4% to GBP3.9 billion, while operating profit decreased by 8% due to significantly lower average metal prices [23][27] - Underlying operating profit increased by 11% when excluding the impact of metal prices and foreign exchange rates, driven by cost savings and higher pricing [24][28] - Underlying earnings per share were 141.3 pence, down due to lower operating profit and higher interest [25] Business Line Data and Key Metrics Changes - Catalyst Technologies sales grew by 6%, with operating profit increasing by 56% [27][38] - Hydrogen Technologies saw a 31% increase in sales, but reported an operating loss of GBP50 million due to investments in capacity and product development [40] - Clean Air sales grew by 2%, with a significant increase in underlying operating profit of 26% [35][36] - PGM Services sales decreased by 17% to GBP462 million, primarily due to lower average metal prices [36] Market Data and Key Metrics Changes - The hydrogen market softened in the second half, impacting growth rates [40] - Palladium and rhodium prices decreased by 38% and 64% respectively, affecting PGM Services [36] Company Strategy and Development Direction - The company is focused on building a stronger business model to drive energy transition, with new strategic milestones set for the future [8][53] - The divestment of value businesses has allowed the company to concentrate on core operations, enhancing overall value creation [14][83] - The company aims to increase cash flow targets for Clean Air from GBP4 billion to GBP4.5 billion by 2030-31 [53] Management's Comments on Operating Environment and Future Outlook - Management noted that the macroeconomic environment remains weak, but underlying growth of 11% indicates that the transformation strategy is effective [7][95] - The company is cautious about future guidance, reflecting the current market conditions and potential challenges [99] - Management emphasized the importance of sustainability and customer focus as integral to the company's strategy [92][88] Other Important Information - The company plans to return GBP250 million to shareholders via a share buyback following the completion of the Medical Device Components disposal [26] - The transformation program has achieved cumulative savings of GBP120 million, with an upgraded target of GBP200 million by the end of the year [29][30] Q&A Session Summary Question: Guidance on mid-single-digit growth - Management explained that the cautious outlook reflects the current market conditions, and they aim to exceed this guidance [99] Question: Debt performance and buyback plans - Management acknowledged the improved debt position and indicated that they are following a capital allocation framework, with no immediate plans for a larger buyback [100] Question: Clean Air cash generation assumptions - Management indicated that the Clean Air cash generation target is based on evolving market conditions and increased electric vehicle penetration [101]

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to fi ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to fi ...

Johnson Matthey Plc (OTCPK:JMPLF) Q2 2024 Earnings Conference Call November 22, 2023 4:00 AM ET Company Participants Martin Dunwoodie - Head, Investor Relations Liam Condon - Chief Executive Stephen Oxley - Chief Financial Officer Anish Taneja - Chief Executive Officer, Clean Air and Chair, Group Commercial Council Conference Call Participants Kevin Fogarty - Numis Charlie Bentley - Jefferies Riya Kotecha - Bank of America Ken Rumph - Goodbody Martin Dunwoodie Right. I think we're ready to go, yes. So good ...

Presentation of results for the half year ended 30th September 2023 22nd November 2023 Cautionary statement | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Johnson Matthey Plc (OTCPK:JMPLF) Q4 2023 Results Conference Call May 25, 2023 4:00 AM ET Company Participants Martin Dunwoodie - Head, IR Liam Condon - CEO Stephen Oxley - CFO Jane Toogood - Chief Executive, Catalyst Technologies Alastair Judge - Chief Executive, PGMS Anish Taneja - Head, Clean Air Conference Call Participants Charlie Bentley - Jefferies Geoff Haire - UBS Charlie Webb - Morgan Stanley Riya Kotecha - Bank of America Gunther Zechmann - Bernstein Ranulf Orr - Citi Martin Dunwoodie Good mornin ...

Johnson Matthey Plc (OTCPK:JMPLF) Q3 2022 Earnings Conference Call November 23, 2022 4:00 AM ET Company Representatives Liam Condon - Chief Executive Officer Stephen Oxley - Chief Financial Officer Anish Taneja - Chief Executive Officer, Clean Air Martin Dunwoodie - Head of Investor Relations Conference Call Participants Maggy Schooley - Stifel Kevin Fogarty - Numis Charlie Bentley - Jeffreys Ranulf Orr - Citi Andrew Stott - UBS Riya Kotecha - Bank of America Gunther Zechmann - Bernstein Alycia Samsudin - B ...

Johnson Matthey Plc (OTCPK:JMPLF) Q2 2021 Results Earnings Conference Call November 24, 2021 4:30 AM ET | --- | |------------------------------------------------| | | | Company Participants | | Martin Dunwoodie - Investor Relations Director | | Patrick Thomas - Chairman | | Robert MacLeod - Chief Executive | | Stephen Oxley - Chief Financial Officer | | Conference Call Participants | | Gunther Zechmann - Bernstein Research | | Alex Stewart - Barclays Capital | | Sebastian Bray - Berenberg Bank | | Mubasher ...

Johnson Matthey Plc (OTCPK:JMPLF) Q1 2021 Earnings Conference Call November 19, 2020 4:00 AM ET Company Participants Martin Dunwoodie – Director-Investor Relations Robert MacLeod – Chief Executive Officer Anna Manz – Chief Financial Officer Conference Call Participants Charlie Webb – Morgan Stanley Tom Wrigglesworth – Citi Ranulf Orr – Redburn Alex Stewart – Barclays Chetan Udeshi – JPMorgan Charles Bentley – Credit Suisse Sebastian Bray – Berenberg Bank Andrew Stott – UBS Lacie Midgley – Panmure Gordon Jea ...

| --- | --- | |--------------------------------------------------------------------------|-------| | | | | | | | Presentation of results for the six months ended 30 th September 2020 | | | 19 th November 2020 | | Cautionary statement This presentation contains forward-looking statements that are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which Johnson Matthey operates. It is believed that ...