Johnson Matthey PLC JMAT

DJ Johnson Matthey FY12 Pretax Profit +58%; Special 100p/Share Dividend

LONDON--Johnson Matthey PLC (JMAT.LN), Thursday reported a 58% widened pretax profit for fiscal 2012, raised the final dividend to 40 pence, up from 33.5 pence last year, and recommended the payment of a special dividend of 100 pence per share.

MAIN FACTS:

-Revenue in year ended March 31 GBP12 billion (2011: GBP9.99 billion)

-Sales excluding precious metals GBP2.68 billion (2011: GBP2.29 billion)

-Pretax profit GBP409.3 million (2011: GBP259.3 million)

-Final dividend 40 pence (2011: 33.5 pence)

-Cash at year-end GBP103.3 million (2011: GBP94.4 million)

-Diluted EPS 146.9 pence (2011: 84.7 pence)

-Outlook remains strong; able to fund capital expenditure and increased R&D

-Special dividend, total payment GBP212 million, to be accompanied by share consolidation

-Shares closed Wednesday at 2197 pence valuing the company at GBP4.7 billion.

-Write to Ed Ballard at ed.ballard@dowjones.com

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(END) Dow Jones Newswires

June 07, 2012 02:19 ET (06:19 GMT)

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