Overview of Johnson Matthey's performance in 2016/17 including sales, underlying operating profit, return on capital and underlying earnings per share*

Sales

Johnson Matthey made sales excluding precious metal (sales) of £3.58 billion in the year ended 31st March 2017 split across five global divisions.

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Underlying operating profit

Johnson Matthey's underlying operating profit for the year ended 31st March 2017 was £513.3 million*.


Emission Control Technologies

318.2


Process Technologies

90.4


Precious Metal Products

86.4


Fine Chemicals

64.5


New Businesses

(14.4)


Corporate

(31.8)


Total

513.3


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Strong return on capital

Our long term ROIC target is 20%. We continue to invest organically in our businesses across the world to improve returns and we target appropriate acquisitions that accelerate the delivery of the group's strategy. Acquisitions may depress ROIC in the short term, but create long term value.

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Find out more

In April 2017 we announced a new group structure. Johnson Matthey has moved to managing and reporting as four sectors aligned to the global priorities of cleaner air, the efficient use of natural resources, health and new markets. More detail about the sectors was given at our Capital Markets day on 21 September.

For the year ended 31 March 2017, our operations were organised into five global divisions and in the annual report our results are shown on that basis.

Get more key figures for each of our global sectors.