UPDATE 1-Johnson Matthey Q3 profit dips in tough markets

Newswire

LONDON, Jan 30 (Reuters) - Platinum refiner Johnson Matthey PLC saw profits dip in the third quarter because of lower sales of catalysts for vehicle exhaust systems in the high-value diesel category in Europe and weaker demand in Japan. The British group said it saw no upturn in Europe and Japan for its catalytic converter business in the new calendar year, but the weaker markets should be mitigated by slightly more promising prospects in North America. ...

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