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REFILE-Johnson Matthey reports rise in profit after cost-cutting
June 1, 2017 / 6:19 AM / 6 months ago

REFILE-Johnson Matthey reports rise in profit after cost-cutting

(Fixes typographical error in headline)

LONDON, June 1 (Reuters) - Johnson Matthey, a world leader in making catalysts for car emission-control devices, on Thursday reported a 12 percent rise in full-year revenue and 18 percent growth in operating profit after a restructuring and cost-cutting programme.

It recommended a final dividend of 54.5 pence per share, up 5 percent, which it said reflected “confidence in the group’s medium-term prospects”. (Reporting by Barbara Lewis and Justin George Varghese; Editing by David Goodman)

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