We give our thoughts on what to expect from companies announcing results week commencing 27 May 2019.
Companies reporting w/c 27 May
Johnson Matthey (Q4 2019 Earnings Release)
Investors will be keen to hear any further news on its battery materials project for electric cars which is set to begin production in 2021/22. In a world increasingly concerned with cleaning up its environmental act, its catalytic converter business, the world's leader, had been well placed and the group still remain geared to demand for cars and trucks. The share price has however struggled to make any progress over the past 2 years, possibly on concerns over development costs and future decline in demand at its main business.
We currently list Johnson Matthey as a HOLD
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