{"id":12757,"date":"2012-07-25T13:31:52","date_gmt":"2012-07-25T11:31:52","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/lower-precious-metals-prices-dent-johnson-matthey-q1\/"},"modified":"2012-07-25T13:31:52","modified_gmt":"2012-07-25T11:31:52","slug":"lower-precious-metals-prices-dent-johnson-matthey-q1","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/lower-precious-metals-prices-dent-johnson-matthey-q1\/","title":{"rendered":"Lower precious metals prices dent Johnson Matthey Q1"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, July 25<\/span> (Reuters) &#8211; Johnson Matthey, the<br \/>\nworld&#8217;s largest supplier of catalytic converters, reported<br \/>\nvirtually flat underlying profit for the first quarter, hit by a<br \/>\n&#8220;substantial reduction&#8221; in earnings from its precious metal<br \/>\nproducts division.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The British speciality chemicals company said on Wednesday<br \/>\nunderlying profit before tax came in at 99.9 million pounds<br \/>\n($155.1 million) in the three months to end-June, against 98.2<br \/>\nmillion a year ago, on the back of a 6 percent rise in sales.<\/p>\n<p><span><\/span><\/p>\n<p>It said &#8220;good growth&#8221; in profit at its key environmental<br \/>\ntechnologies and fine chemicals divisions was offset by the<br \/>\nimpact of lower platinum and palladium prices on the services<br \/>\nbusiness of its precious metal products arm.<\/p>\n<p><span><\/span><\/p>\n<p>Johnson Matthey last month proposed its first ever special<br \/>\ndividend after posting larger than expected full year profits.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, July 25 (Reuters) &#8211; Johnson Matthey, the world&#8217;s largest supplier of catalytic converters, reported virtually flat underlying profit for the first quarter, hit by a &#8220;substantial reduction&#8221; in earnings from its precious metal products division. The British speciality chemicals company said on Wednesday underlying profit before tax came in at 99.9 million pounds ($155.1 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-12757","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=12757"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12757\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}