Johnson Matthey Posts 12% Rise In H1 Profit, Lifts Dividend

Johnson Matthey PLC

reported a 12% rise in its first-half pretax profit. Johnson Matthey's pretax profit for the period surged to 202.1 million pounds ($325.1 million), from GBP180.1 million, in the year-ago period. Its revenue climbed 31% to GBP6.41 billion. Johnson Matthey raised its interim dividend by 10% to 17 pence versus 15.5 pence. Johnson Matthey shares closed at $99.60 yesterday.