UPDATE 2-Johnson Matthey sees modest rise in profit


(Adds Finance Director, analyst comments, updates shares) By Santosh Menon LONDON, Nov 28 (Reuters) - British metals and chemicals firm Johnson Matthey Plc expects a modest rise in annual profits after first-half profits climbed three percent despite a weaker dollar and a slump in the prices of key metals. Group Finance Director John Sheldrick told Reuters on Thursday that the outlook for palladium and rhodium remained tough and exchange rates remained unfavourable. He said most ...

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