An error occurred while processing the template.
The following has evaluated to null or missing:
==> .vars['reserved-article-group-id']  [in template "161555#161602#ARTICLE-PAGE---HERO" at line 14, column 20]

----
Tip: It's the final [] step that caused this error, not those before it.
----
Tip: If the failing expression is known to legally refer to something that's sometimes null or missing, either specify a default value like myOptionalVar!myDefault, or use <#if myOptionalVar??>when-present<#else>when-missing</#if>. (These only cover the last step of the expression; to cover the whole expression, use parenthesis: (myOptionalVar.foo)!myDefault, (myOptionalVar.foo)??
----

----
FTL stack trace ("~" means nesting-related):
	- Failed at: #assign groupId = .vars["reserved-art...  [in template "161555#161602#ARTICLE-PAGE---HERO" at line 14, column 1]
----
1<#assign namespace = randomNamespace /> 
2<#assign JSONFactoryUtil = staticUtil["com.liferay.portal.kernel.json.JSONFactoryUtil"] /> 
3<#assign journalArticleLocalService = serviceLocator.findService("com.liferay.journal.service.JournalArticleLocalService") /> 
4<#assign containerId = randomNamespace /> 
5<#assign shareURL = themeDisplay.getPortalURL()+themeDisplay.getURLCurrent()/> 
6 
7<#-- Auto-assign ALL category to every article --> 
8<#assign assetCategoryLocalService = serviceLocator.findService("com.liferay.asset.kernel.service.AssetCategoryLocalService") /> 
9<#assign assetEntryLocalService = serviceLocator.findService("com.liferay.asset.kernel.service.AssetEntryLocalService") /> 
10<#assign journalArticleLocalService = serviceLocator.findService("com.liferay.journal.service.JournalArticleLocalService") /> 
11  
12<#-- Get current JournalArticle --> 
13<#assign articleId = .vars['reserved-article-id'].data /> 
14<#assign groupId = .vars['reserved-article-group-id'].data?number /> 
15<#assign journalArticle = journalArticleLocalService.getArticle(groupId, articleId) /> 
16  
17<#-- Get AssetEntry for this article --> 
18<#assign assetEntry = assetEntryLocalService.getEntry("com.liferay.journal.model.JournalArticle", journalArticle.getResourcePrimKey()) /> 
19  
20<#-- Your ALL category ID --> 
21<#assign allCategoryId = 4614994 /> 
22  
23<#-- Assign ALL category if not already set --> 
24<#if !assetEntry.getCategories()?seq_contains(assetCategoryLocalService.getCategory(allCategoryId))> 
25    <#assign categoryIds = assetEntry.getCategoryIds() + [allCategoryId] /> 
26    ${assetEntryLocalService.updateEntry( 
27        assetEntry.getUserId(), 
28        assetEntry.getGroupId(), 
29        assetEntry.getClassName(), 
30        assetEntry.getClassPK(), 
31        assetEntry.getUuid(), 
32        assetEntry.getClassTypeId(), 
33        categoryIds, 
34        assetEntry.getTagNames() 
35    )} 
36</#if> 
37 
38<div class="hero jmarticle__hero-main-container"> 
39    <div class="container"> 
40        <div class="row"> 
41            <div class="article__cont"> 
42                <h1 class="article__heading">${Title.getData()}</h1> 
43                <#if (SubTitle.getData())??> 
44                    <p class="article__para"> 
45                        ${SubTitle.getData()} 
46                    </p> 
47                </#if> 
48 
49                <#assign Date_Data=getterUtil.getString(Date.getData())> 
50                <#if validator.isNotNull(Date_Data)> 
51                    <p class="article__date"> 
52                        <#assign Date_DateObj=dateUtil.parseDate("yyyy-MM-dd", Date_Data, locale)> 
53                        ${dateUtil.getDate(Date_DateObj, "dd MMMM yyyy", locale)} 
54                    </p> 
55                </#if> 
56 
57                <#if Link_Title?? && Link_Title.getData()?has_content> 
58                    <#list Link_Title.getSiblings() as cur_Link_Title> 
59						<#if cur_Link_Title?? && cur_Link_Title.getData()?has_content> 
60							<#assign linkHref="#" /> 
61							<#assign target="" /> 
62							 
63							<#assign rowId = containerId + cur_Link_Title?index /> 
64							<#if cur_Link_Title.Link_Internal?? && cur_Link_Title.Link_Internal.getFriendlyUrl()?has_content> 
65								<#assign linkHref=cur_Link_Title.Link_Internal.getFriendlyUrl() /> 
66							<#elseif cur_Link_Title.Link_Media?? && cur_Link_Title.Link_Media.getData()?has_content> 
67								<#assign linkHref=cur_Link_Title.Link_Media.getData() /> 
68							<#elseif cur_Link_Title.Link_Mailto?? && cur_Link_Title.Link_Mailto.getData()?has_content> 
69								<#assign linkHref="mailto:" + cur_Link_Title.Link_Mailto.getData() /> 
70							<#elseif cur_Link_Title.Link_External?? && cur_Link_Title.Link_External.getData()?has_content> 
71								<#assign linkHref=cur_Link_Title.Link_External.getData() /> 
72							</#if> 
73							<#if (cur_Link_Title.Link_Target??) && (cur_Link_Title.Link_Target.getData())?has_content> 
74								<#assign target=cur_Link_Title.Link_Target.getData() /> 
75							</#if> 
76							<div id="blue_button_click_div" data-analytics-asset-type="custom"> 
77								<div class="jmarticle__hero-btn-list"> 
78									<a id="panel_blue_button_${rowId}" class="article__btn" href="${linkHref}" title="${cur_Link_Title.getData()}" target="${target}" data-analytics-asset-action="click" onclick="onBlueButtonClick(this)" > 
79										<span class="btn__text">${cur_Link_Title.getData()}</span> 
80										<span class="arrow__forward"></span> 
81									</a> 
82								</div> 
83							</div> 
84						</#if> 
85					</#list> 
86                </#if> 
87				  <div class="article-download-share"> 
88                
89                    <#if PDFTitle?? && PDFTitle.getData()?has_content> 
90                        <#assign title = PDFTitle.getData() /> 
91                        <#assign pdf_link = "#" /> 
92                        <#assign pdfrowId = containerId /> 
93                        <#if PDFTitle.PDF?? && PDFTitle.PDF.getData()?has_content> 
94                            <#assign pdf_link = PDFTitle.PDF.getData() /> 
95                        </#if> 
96                        <div class="article-download"> 
97                            <div id="blue_button_click_div" data-analytics-asset-type="custom"> 
98                                <div class="jmarticle__hero-btn-list"> 
99                                    <a id="panel_blue_button_${pdfrowId}" class="article__btn" href="${pdf_link}" title="${title}" data-analytics-asset-action="click" onclick="onBlueButtonClick(this)"> 
100                                        <span class="btn__text">${title}</span> 
101                                        <span class="arrow__forward"></span> 
102                                    </a> 
103                                   <a id="panel_blue_button_${pdfrowId}" class="article__btn-mobile" href="${pdf_link}"             title="${title}" data-analytics-asset-action="click" onclick="onBlueButtonClick(this)"> 
104                                       <img src="${themeDisplay.getPathThemeImages()}/new__jm__images/download-white-icon.svg" alt="twitter image"/> 
105                                    </a> 
106                                </div> 
107                            </div> 
108                        </div> 
109                    </#if> 
110                                 
111                </div> 
112                 
113            </div> 
114        </div> 
115       <#if (ImageLarge.getData())?? && ImageLarge.getData() != ""> 
116            <div class="row jmarticle__hero-banner" id="jmarticle__hero-${namespace}"  
117            style="background-image: url(${ImageLarge.getData()})"> 
118        </#if> 
119 
120        </div> 
121    </div> 
122</div> 
123 
124<#if Author?? && Author.getData()?has_content> 
125    <div class="jmarticle__author-info"> 
126        <div class="container"> 
127            <div class="hero__bar"> 
128                     <#list Author.getSiblings() as cur_Author> 
129                            <#if cur_Author?? && cur_Author.getData()?has_content> 
130                                <#assign 
131                                    webContentData = jsonFactoryUtil.createJSONObject(cur_Author.getData()) 
132                                    gId = groupId 
133                                    journalArticle = journalArticleLocalService.getArticleByUrlTitle(gId, webContentData.title) 
134                                    docXML = saxReaderUtil.read(journalArticle.getContent()) 
135 
136                                    fName = docXML.valueOf("//dynamic-element[@name='FullName']/dynamic-content/text()") 
137                                    jobTitle = docXML.valueOf("//dynamic-element[@name='JobTitle']/dynamic-content/text()") 
138                                    role = docXML.valueOf("//dynamic-element[@name='ContactInfo']/dynamic-content/text()") 
139                                    photoXML = docXML.valueOf("//dynamic-element[@name='Photo']/dynamic-content/text()") 
140                                    photoSrc = JSONFactoryUtil.createJSONObject(photoXML).getString("uuid") 
141                                    fullName = docXML.valueOf("//dynamic-element[@name='Title']/dynamic-content/text()") 
142                                    authorImageXML = docXML.valueOf("//dynamic-element[@name='ImageLarge']/dynamic-content/text()") 
143                                    authImageSrc = JSONFactoryUtil.createJSONObject(authorImageXML).getString("uuid") 
144                                    summary = docXML.valueOf("//dynamic-element[@name='Summary']/dynamic-content/text()") 
145                                /> 
146 
147                                    <div class="author"> 
148                                        <figure class="author__image"> 
149                                            <#if authImageSrc?? && authImageSrc?has_content> 
150                                                <img src="/documents/${groupId}/${authImageSrc}" alt="${fullName}" class="author_img_class_new"> 
151                                            <#elseif photoSrc?? && photoSrc?has_content> 
152                                                <img src="/documents/${groupId}/${photoSrc}" alt="${fName}" class="author_img_class_new"> 
153                                            </#if> 
154                                        </figure> 
155                                        <div class="author__details d-flex flex-column"> 
156                                            <h3 class="author__name"> 
157                                                <a rel="author"> 
158                                                    <#if fullName?? && fullName?has_content> 
159                                                        ${fullName} 
160                                                    <#elseif fName?? && fName?has_content> 
161                                                        ${fName} 
162                                                    </#if> 
163                                                </a> 
164                                            </h3> 
165                                            <p class="author__desc text-size-a author_job_title"> 
166                                                <#if jobTitle?? && jobTitle?has_content> 
167                                                    ${jobTitle} 
168                                                </#if> 
169                                            </p> 
170                                            <span> 
171                                                <p class="author__desc text-size-a"> 
172                                                    <#if summary?? && summary?has_content> 
173                                                        ${summary} 
174                                                    </#if> 
175                                                    <#if role?? && role?has_content> 
176                                                        ${role} 
177                                                    </#if> 
178                                                </p> 
179                                            </span> 
180                                        </div> 
181                                        <div> 
182                                            <div class="author__contact"> 
183                                                <ul class="author__contact-list"> 
184                                                </ul> 
185                                            </div> 
186                                        </div> 
187                                    </div> 
188                             </#if> 
189                     </#list> 
190            </div> 
191    	</div> 
192    </div> 
193</#if> 
194 
195 
196 
197<div class="container"> 
198    <div class="row"> 
199        <div class="article__intro"> 
200            <#if (Introduction.getData())??> 
201            	${Introduction.getData()} 
202            </#if> 
203 
204           <div class="article-download-share"> 
205                
206                    <#if PDFTitle?? && PDFTitle.getData()?has_content> 
207                        <#assign title = PDFTitle.getData() /> 
208                        <#assign pdf_link = "#" /> 
209                        <#assign pdfrowId = containerId /> 
210                        <#if PDFTitle.PDF?? && PDFTitle.PDF.getData()?has_content> 
211                            <#assign pdf_link = PDFTitle.PDF.getData() /> 
212                        </#if> 
213                        <div class="article-download"> 
214                            <div id="blue_button_click_div" data-analytics-asset-type="custom"> 
215                                <div class="jmarticle__hero-btn-list"> 
216                                    <a id="panel_blue_button_${pdfrowId}" class="article__btn" href="${pdf_link}" title="${title}" data-analytics-asset-action="click" onclick="onBlueButtonClick(this)"> 
217                                        <span class="btn__text">${title}</span> 
218                                        <span class="arrow__forward"></span> 
219                                    </a> 
220                                   <a id="panel_blue_button_${pdfrowId}" class="article__btn-mobile" href="${pdf_link}"             title="${title}" data-analytics-asset-action="click" onclick="onBlueButtonClick(this)"> 
221                                       <img src="${themeDisplay.getPathThemeImages()}/new__jm__images/download-white-icon.svg" alt="twitter image"/> 
222                                    </a> 
223                                </div> 
224                            </div> 
225                        </div> 
226                    </#if>               
227                
228                   
229               <div class="article-share"> 
230                   <a href="https://linkedin.com/shareArticle?url=${shareURL}&title=<#if (Title.getData())??>${Title.getData()}</#if>" target="_blank"> 
231                       <img class="socialicons__img" src="${themeDisplay.getPathThemeImages()}/new__jm__images/social_icons-LinkedIN.png" alt="twitter image"/> 
232                    </a> 
233                      <a  href="https://twitter.com/share?url=${shareURL}&text=<#if (Title.getData())??>${Title.getData()}</#if>" target="_blank"> 
234                       <img class="socialicons__img" src="${themeDisplay.getPathThemeImages()}/new__jm__images/social_icons-Twitter.png" alt="twitter image"/> 
235                    </a> 
236                </div> 
237            </div> 
238       
239        </div> 
240    </div> 
241</div> 
242 
243<style> 
244    img.author_img_class_new { 
245        width: 100% !important; 
246        height: 100% !important; 
247        position: absolute; 
248        margin: auto; 
249        top: 0; 
250        bottom: 0; 
251
252     
253    .article__btn:focus-visible { 
254    outline: 2px solid blue !important; 
255
256 
257@media (min-width: 320px) and (max-width: 650px) { 
258	.article__intro li { 
259	   margin-left: -32px !important;		 
260
261	.journal-content-article .container .article__intro { 
262    margin-top: 22px !important; 
263
264
265@media (min-width: 540px) and (max-width: 834px) { 
266    .article__intro li { 
267	      margin-left: -32px !important;		 
268
269    .article__intro { 
270        margin: 60px 15px 0 5px !important;         
271
272
273  
274@media (min-width: 320px) and (max-width: 539px){ 
275.jmarticle__author-info { 
276    padding: 0px 0; 
277
278.jmarticle__author-info .author__image { 
279    width: 39px; 
280    height: 40px; 
281
282 
283.jmarticle__author-info .author__name a { 
284    line-height: 0px; 
285    font-size: 18px !important; 
286    margin-right: 10px; 
287
288 
289.jmarticle__author-info .author__desc { 
290     
291    line-height: 14px; 
292    font-size: 12px !important; 
293    margin-bottom: 7px; 
294
295
296  
297</style> 

First quarter sales in line with our expectations and guidance for the full year unchanged

Johnson Matthey will hold the company’s Annual General Meeting today at 11.00 am in London and has issued the following trading update ahead of the meeting.

In the first quarter, we delivered sales growth in line with our expectations, led by our Clean Air Sector and with growth in Efficient Natural Resources and New Markets, while sales in Health were broadly stable. Our full year guidance for the group at constant rates is unchanged.

 

Clean Air

As expected, Clean Air had a strong start to the year and we outperformed vehicle production in most markets. Our Light Duty business in Europe and Asia saw strong sales growth, while our Light Duty Americas business was broadly stable. Sales growth continued to be strong across all regions in Heavy Duty, particularly for Class 8 trucks in North America as production levels remain high. Our outlook for strong growth in Clean Air in 2018/19 and margins to be maintained is unchanged.

 

Efficient Natural Resources

Sales in our Efficient Natural Resources Sector also grew in line with our expectations. We delivered good growth in Catalyst Technologies, where demand for our methanol catalysts was strong, although licensing continued to be subdued. Pgm Services saw good growth, from higher metal prices and stronger refining intakes. The business will benefit, mainly in the second half, from actions taken to improve efficiency and from restructuring cost savings. Therefore, we continue to expect that operating profit will grow ahead of sales growth.

 

Health

Health sales were broadly stable. As expected, our Generics business experienced a decline due to the timing of orders of speciality opiates and the reduction in profit shares. This was offset by increased sales in our Innovators business. The outlook for lower operating profit in 2018/19, particularly in the first half, is unchanged. Our pipeline of generic API products is progressing in line with our plans and new launches of APIs are expected to make a small contribution in the second half of the year.

 

New Markets

Our New Markets Sector saw strong sales growth, as higher demand from e-mobility applications drove significant growth in our Battery Systems business. Sales of our LFP battery materials were broadly stable. We continue to expect sales and operating profit growth in this sector for 2018/19.

 

eLNOTM investment approved by the board

We continue to make excellent progress in our strategy to deliver break out growth in battery materials, through our next generation ultra high energy density eLNOTM battery materials. We recently announced the decision to locate our 1,000 tonnes demonstration plant at our Clitheroe site in the UK and expect the facility to be in production in 2019. Today we are announcing that the board has approved an initial capital investment in our first commercial plant, in line with our plans. This will be built in mainland Europe and have a capacity of 10,000 tonnes. We expect to start commercial production in 2021/22.

 

Cash flow and working capital

Cash generation and working capital remain a key focus for the group. Average working capital days excluding precious metal improved to 56 days in the quarter, from 58 days in the equivalent period in 2017/18. However, precious metal working capital has significantly increased from the 31st March 2018, due to an outage in the quarter at one of our pgm refineries. Working capital at the half year will be significantly higher than the position at 31st March 2018. Working capital will reduce by the year end 31st March 2019.

 

Outlook

Our guidance, at constant rates, for year ended 31st March 2019 is unchanged:

  • We expect growth in operating performance at constant rates to be in line with our medium term guidance of mid to high single digit growth
  • We expect the second half performance to be stronger mainly reflecting our normal seasonality

At current foreign exchange rates (£:$ 1.312, £:€ 1.128, £:RMB 8.68) translational foreign exchange movements for the year ending 31st March 2019 are expected to adversely impact sales by £7 million, although benefit underlying operating profit by £1 million.

 

Sector conference call

We will hold the next in an ongoing series of conference calls on 5th October 2018 with Jason Apter, Sector Chief Executive, Health. Further details will be announced in due course.

 

Notes:

1. Unless otherwise stated, commentary in this statement is based on sales for the quarter ended 30th June 2018 and compares this quarter with the quarter ended 30th June 2017 at constant rates.
2. eLNO is a trademark of the Johnson Matthey group of companies

 

Enquiries

Investor Relations

Martin Dunwoodie, Director of Investor Relations, +44 20 7269 8241

Simon McGough, Head of Investor Relations, +44 20 7269 8235

Katharine Burrow, Investor Relations Manager, +44 20 7269 8444

 

Media

Sally Jones, Director of Corporate Relations, +44 20 7269 8407

David Allchurch, Tulchan Communications, +44 20 7353 4200

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