3M boosts annual profit forecast driven by resilient industrial unit
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3M boosts annual profit forecast driven by resilient industrial unit
REUTERS
PUBLISHED 1 HOUR AGO
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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, sending shares of the industrial giant up 6 per cent in premarket trading.
However, the company said it expects higher pricing to “fully offset” a hit to its profit from oil-led inflation foreca…
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Jul 21, 2026