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Johnson Matthey forecasts growth in 2021 after annual profit fall

May 27 (Reuters) - Chemicals maker Johnson Matthey on Thursday forecast low-to-mid teens growth in the current year due to robust demand for its autocatalytic converters and tighter pollution regulations in Asia, and reported a lower annual profit.

The maker of car pollution filters posted underlying operating profit of 504 million pounds ($711.45 million) for the year ended March 31, compared with 539 million pounds a year earlier.

$1 = 0.7084 pounds Reporting by Yadarisa Shabong in Bengaluru; editing by Uttaresh.V

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