Johnson Matthey plc announced 26 January, 2005 that trading in the second half of the financial year is progressing in line with expectations. Johnson Matthey made the statement to coincide with an analysts's visit on the same day to its technology centre at Sonning Common, UK. Colours & Coatings Division has continued its recovery with both the glass coatings business and the structural ceramics business performing well. The US dollar has gone down further since the end of Johnson Matthey's half year on 30 Sept/04. "Dollar weakness will have an adverse effect on the group's results for the full year but earnings per share (before exceptional items and goodwill amortisation) are still expected to be ahead of last year and in line with market expectations" said CE Neil Carson.
