3M lifts annual profit forecast as industrial unit remains resilient

3M Company

3M Company

MMM

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July 21 (Reuters) - Industrial giant 3M MMM.N lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business.

The company now expects full-year adjusted profit per share between $8.80 and $8.95, compared with its earlier forecast of $8.50 to $8.70.


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