Johnson Matthey CEO Liam Condon outlines a turnaround strategy aiming for profitability by 2028, targeting £250 million in free cash flow through asset sales and acquisitions. The plan leverages strong demand for platinum group metals in automotive and data center sectors, suggesting resilience in specialized material markets despite broader economic headwinds. Strategic M&A activity like the Cormetech acquisition aims to bolster growth, though execution risks remain regarding integration costs and achieving stated financial milestones within the timeline.
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Johnson Matthey CEO Liam Condon targets profitability by 2028 with £250 million free cash flow goals via acquisitions like Cormetech and asset sales. Strong platinum group metal demand in automotive a
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