3M Results Presentation Deck slide image

3M Results Presentation Deck

3M is taking significant actions to benefit stakeholders Creating value through spin off of Health Care Taking action to resolve Combat Arms Earplugs litigation Delivering in a challenging environment ● 2022 Q2 Earnings - July 26, 2022. All rights reserved. ● ● "New 3M" (1) will remain a leading global material science innovator serving customers in a wide range of end markets Health Care will be a leading global diversified health technology company Each company will be well-capitalized, more agile and focused, and better positioned for long-term success Aearo Technologies and related entities subsidiaries of 3M - have initiated chapter 11 proceedings to resolve current and future Combat Arms Earplugs Version 2 litigation Intended to facilitate an efficient and equitable resolution of litigation (1) "New 3M" defined as 3M pro forma for the spin-off of Health Care. - Sales of $8.7 billion with organic sales growth of one percent year-on-year which included a four percentage point headwind from the combined impact of China COVID-related lockdowns and decline in disposable respirator demand Adjusted earnings per share of $2.48 in midst of continued uncertain macroeconomic and inflationary environment Updating full-year outlook to reflect U.S. dollar strength and macroeconomic environment: organic growth 1.5-3.5% and adjusted EPS $10.30-$10.80 3M 3
View entire presentation