Company news today stated:
Shares hit their highest level since February after the automotive catalytic converter maker confirmed earnings guidance and promised an expansion in its battery material business
Positioned itself within the electric vehicle sector through lithium batteries
Backed its fiscal 2018 guidance and forecasting higher sales by around 6%
Expects foreign-exchange movements to have a positive impact worth £13mln on its operating profit
As of 15.31 the stock was trading up c.13.73% at c.3364p