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Johnson Matthey's profit jumps on emission control device growth

Johnson Matthey's profit jumps on emission control device growth
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By Reuters
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(Reuters) - Chemicals group Johnson Matthey on Thursday reported a 48% jump in full-year earnings, bolstered by strength in its unit that makes catalytic converters and other pollution filters for both car and trucks.

The FTSE 100 company said operating profit for the year ended March 31 climbed to 531 million pounds from 359 million pounds it reported a year earlier.

(Reporting by Yadarisa Shabong and Muvija M in Bengaluru; editing by Patrick Graham)

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