3M lifts annual profit forecast as industrial unit remains resilient

3M

21/07/2026 11:34

July 21 (Reuters) - 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.

 (Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Maju Samuel)
 ((Aatreyee.Dasgupta@thomsonreuters.com;))