3M lifts annual profit forecast as industrial unit remains resilient
MMM•3M raises full-year profit outlook
Industrial giant 3M MMM.N lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business.
The company now expects full-year adjusted profit per share between $8.80 and $8.95, compared with its earlier forecast of $8.50 to $8.70.
