3M reaffirms 2025 sales forecast ahead of investor day

Reuters

02-26

3M-0.59%盤後

Feb 26 (Reuters) - 3M Co MMM.N 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)

((Kannaki.Deka@thomsonreuters.com;))

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