3M has reported strong financial performance in the fourth quarter, with revenue reaching $6.0 billion, a slight increase of 0.1% compared to the previous year. Adjusted sales were reported at $5.8 billion, indicating a 2.1% organic growth rate year-over-year.
The company achieved a GAAP earnings per share (EPS) from continuing operations of $1.33, a 17% increase compared to the same quarter last year. Adjusted EPS for the quarter stood at $1.68, a 2% decline.
In the full year, 3M reported total sales of $24.6 billion, a minor decrease of 0.1% year-on-year, with adjusted sales at $23.6 billion reflecting a 1.2% increase. The company also recorded GAAP EPS from continuing operations of $7.26 and adjusted EPS of $7.30, indicating robust 21% growth year-over-year.
3M has provided an optimistic financial outlook for 2025, expecting adjusted total sales growth between 0.5% and 1.5%, a projected adjusted EPS in the range of $7.60 to $7.90, and an anticipated adjusted operating cash flow between $5.2 billion and $5.3 billion.
Source: Investor Hangout
Source: 3M
