Johnson Matthey Q1 Sales Up 6%

Johnson Matthey PLC JMPLY reported a 6% rise in its first-quarter sales. Johnson Matthey's quarterly sales climbed to GBP657 million. Its underlying profit before tax gained to GBP99.9 million, versus GBP98.2 million, in the year-ago period. Johnson Matthey shares closed at $65.70 yesterday.