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>
Johnson Matthey will hold its Annual General Meeting today at 11.00am and has issued the following trading update ahead of the meeting.
Strong first quarter with good momentum continuing
The year has started well, with a continuation of the good demand seen in the second half of 2020/21. In the first quarter we delivered strong sales¹ growth of 63% year-on-year, primarily driven by increased demand in Clean Air and also Efficient Natural Resources which benefited from higher precious metal prices and stronger end markets. Sales have returned to pre-pandemic levels, and operating profit is ahead driven by more volatile and higher average precious metal prices.
Clean Air
In Clean Air, the strong demand seen in the second half of 2020/21 was maintained. Sales growth in the first quarter was very strong in comparison with a weak Q1 2020/21 which was materially impacted by the pandemic. Sequentially, first quarter sales were moderately below Q4 2020/21 primarily driven by the impact of temporary supply chain disruption mostly in the light duty segment.
Automotive and truck OEMs are experiencing temporary supply chain disruption from shortages of semi-conductor chips, which affected production volumes in the period. Underlying vehicle demand remains strong and, whilst we anticipate continued volatility in the supply chain, we are confident that Clean Air will deliver strong operating performance and cash generation for the full year.
Efficient Natural Resources
Efficient Natural Resources had a strong start to the year, with sales up significantly in the first quarter compared to last year. This was primarily driven by PGM Services which benefited from volatile and higher average precious metal prices. Catalyst Technologies continues to see good momentum, with first quarter sales only moderately below the fourth quarter of the prior year, which is a seasonally strong period for orders. In the quarter, we signed one new licence and have a strong pipeline of projects.
Health
In Health, we expect strong growth for the full year. Sales for the first quarter lapped a strong quarter last year, and were also impacted by the phasing of customer orders in the current year. We continue to benefit from multi-year supply agreements with both our generics and innovators customers. As previously announced, we are conducting a strategic review of our Health business.
Hydrogen, Battery Materials and Value Businesses²
The world’s adoption of hydrogen as an energy vector is accelerating, translating to faster than expected commercial prospects for our hydrogen growth businesses. In hydrogen fuel cells we continue to build our customer pipeline and recently signed a new agreement for the supply of membrane electrode assemblies (MEAs), mainly for commercial vehicles, with Unilia/REFIRE. We are also progressing a number of other key customer agreements for the supply of catalyst coated membranes (CCMs) for commercial vehicle and truck applications. We have begun work on significantly expanding our manufacturing capability in the UK and China, with the first phase on stream in early 2023 and further capacity expected to come on stream from 2024.
In green hydrogen production, testing with customers is proceeding well and we continue to expect first commercial sales from this business in 2022. Given the strong progress we have made with customers and the rapidly developing market, the recent acquisition³ of assets from Oxis Energy will enable us to further expand our manufacturing capability in the UK and accelerate our growth ambitions. This will provide hundreds of megawatts of additional capacity from the beginning of 2022.
In Battery Materials, commercialisation of our portfolio of eLNO® high nickel cathode materials continues at pace and construction of our commercial plant remains on track.
In Value Businesses, sales grew reflecting a recovery in demand following COVID-19.
Outlook for the year ending 31st March 2022
Given the strength we are currently seeing in our end markets, we now expect at least mid teens growth in underlying operating4 performance at constant metal prices5 and constant currency.
At current foreign exchange rates6, translational foreign exchange movements for the year ending 31st March 2022 are expected to adversely impact underlying operating profit by c.£20 million.
Since our preliminary full year results announcement for 2020/21 at the end of May, precious metal prices have on average declined. Should metal prices remain at current levels7 for the rest of this year, we expect a full year net benefit of c.£65 million to underlying operating profit compared with the prior year.
Change to reporting segments
As mentioned in our preliminary full year results announcement in May, we are making small changes to our reporting segments for the year ending 31st March 2022. Restated historic numbers are given in the attached appendix (page 3).
Enquiries
Investor Relations
Martin Dunwoodie, Director of Investor Relations, 020 7269 8241
Louise Curran, Senior Investor Relations Manager, 020 7269 8235
Jane Crosby, Investor Relations Manager, 020 7269 8242
Media
Barney Wyld, Group Corporate Affairs Director, 020 7269 8407
Simon Pilkington, Tulchan Communications, 020 7353 4200
Notes:
1 Unless otherwise stated, commentary in this statement is based on sales for the quarter ended 30th June 2021 and compares this quarter with the quarter ended 30th June 2020 at constant rates.
2 Sales – revenue excluding sales of precious metals to customers and the precious metal content of products sold to customers.
3 Other Markets – we are making small changes to our reporting segments for the year ending 31st March 2022 as detailed in the appendix. New Markets includes our battery materials, fuel cells and green hydrogen businesses. Value Businesses includes Battery Systems, Medical Device Components as well as Diagnostic Services and Advanced Glass Technologies (both formerly part of Efficient Natural Resources) that are non-core.
4 On 28th July 2021, Johnson Matthey announced the acquisition of assets and intellectual property from Oxis Energy Limited.
5 Our previous guidance was for low to mid teens growth in underlying operating for the year ending 31st March 2022.
6 Based on actual precious metal prices in 2020/21.
7 Based on foreign exchange rates as at 26th July 2021. Our previous guidance was for an adverse impact to underlying operating profit of c.£25 million for the year ending 31st March 2022.
8 Based on current precious metal prices as at 26th July 2021. Our previous guidance was for a net metal price benefit of up to c.£120 million for the year ending 31st March 2022.
Note: eLNO is a trademark of Johnson Matthey Public Limited Company.
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AGM
More information on our 2021 AGM
