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3M Updates Full-Year 2015 Guidance

Company projects 7% to 12% earnings growth in 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

3M announced that it is poised for a successful 2016, forecasting strong earnings growth in the face of a challenging global economy.   Reflecting the realities of a continued slow-growth global economy, 3M expects 2015 full-year organic growth of approximately 1%, versus prior guidance of 1.5% to 2%. Earnings per share is anticipated to be approximately $7.55, against a prior range of $7.60 to $7.65.   For 2016, the company anticipates: • Earnings per share of $8.10 to $8.45, an increase o...

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