(Reuters) – 3M Co said on Wednesday the diversified manufacturer expects operating margin to be about 25% by 2027 and reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%. The company will host its Investor Day later on Wednesday and will provide its medium-term financial outlook. 3M also said […]
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3M reaffirms 2025 sales forecast ahead of investor day
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(Reuters) – 3M Co said on Wednesday the diversified manufacturer expects operating margin to be about 25% by 2027 and reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%.
The company will host its Investor Day later on Wednesday and will provide its medium-term financial outlook.
3M also said it would return least $10 billion in cash to shareholders over the outlook period.
(Reporting by Kannaki Deka in Bengaluru; Editing by Sriraj Kalluvila)