3M (MMM.US) reiterates its 2025 sales guidance, anticipating midterm growth to surpass macroeconomic trends.

3M (MMM.US) has reiterated its 2025 sales guidance and provided a medium-term outlook for growth in 2026-2027. The company plans to return at least $10bn to shareholders in cash and has set a target of about 25% operating margin by 2027, while expecting high single-digit annual growth in EPS and organic sales growth to outperform macroeconomic performance. In January, 3M had indicated that it expects adjusted EPS of $7.60-$7.90 in 2025, with adjusted total sales growth of 0.5%-1.5%, reflecting adjusted organic sales growth of 2%-3%. Wall Street consensus expects adjusted EPS of $7.81 in 2025 with sales of about $24bn. Previously, adjusted EPS was $7.30 in 2024 with adjusted sales of $23.6bn, with organic adjusted growth of 1.2%.