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
3View entire presentation