3m Company · NYSE:MMM
3m — Q1 2025 Earnings Presentation
9 slides from 3m's earnings presentation, Apr 22, 2025
Slide 1: 2025 First Quarter Earnings
2025 First Quarter Earnings (unaudited) Bill Brown Anurag Maheshwari Chinmay Trivedi Chairman and Chief Financial Officer Senior Vice President, Investor Relations and Chief Executive Officer Financial Planning & Analysis
Slide 2: Forward-looking statements
2 Forward-looking statements This presentation contains forward-looking statements. You can identify these statements by the use of words such as “plan,” “expect,” “aim,” “believe,” “project,” “target,” “anticipate,” “intend,” “estimate,” “will,” “should,” “could,” “would,” “forecast,” “future,” “ou
Slide 3: Strong start to year, advancing priorities in dynamic environment
3 Strong start to year, advancing priorities in dynamic environment Q1 adjusted results: Priority areas of focus: • Sales $5.8B, • Significant progress in innovation … – 62 new products, +60% YoY … on track, 215 launches in 2025 and organic growth 1.5% Organic 1,000 over three years • Operating marg
Slide 4: Q1 2025 performance
4 Q1 2025 performance Sales ($M) Operating margin Earnings per share $5,780 23.5% $1.88 $5,735 $1.71 21.3% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 • Organic growth up 1.5% YoY, at the high end • Operating margin up 220 bps YoY • EPS +$0.17 YoY, up 10% of expectations – Benefits from growth,
Slide 5: Q1 2025 sales by business group
5 Q1 2025 sales by business group ($ millions) Safety & Industrial Transportation & Electronics Consumer OSG% $2,732 $2,745 $1,823* $1,816* +2.5% $1,140 $1,124 +1.1%* +0.3% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 • Broad based … 5 out of 7 divisions growing • LDD increase in aerospace • Stre
Slide 6: 2025 guidance update
6 2025 guidance update January guidance Initial assumptions Trends/performance • Broad based; at or above macro • GDP, IPI softening Organic Sales Growth • New product launches up double digits • Strong start, NPI +60% YoY 2% to 3% • Improving commercial execution • In line with expectations • Drivi
Slide 7: 2025 guidance update with tariff impact sensitivity
7 2025 guidance update with tariff impact sensitivity ~$0.00 to $0.10 ~$0.00 ~$0.00 to $(0.10) ~$(0.20) to $(0.40) $7.60 to $7.90 $7.60 to $7.90 G&A Productivity FX Import duties Share count Volume Cost mitigation Net interest and price January guidance Operational Non-operational Contingency (macro
Slide 8: Q&A
Q&A Bill Brown Chairman and Anurag Maheshwari Chief Financial Officer Chinmay Trivedi Senior Vice President, Investor Relations and Chief Executive Officer Financial Planning & Analysis 2025 Q1 Earnings | April 22, 2025. All rights reserved.
Slide 9: 3M eXcellence
3M |eXcellence