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3M Introduces New Five-Year Financial Objectives, Reaffirms Full-Year 2016 Outlook

Goals include 2% to 5% organic local currency sales growth.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

At a meeting with investors and analysts at the company’s global headquarters, Inge G. Thulin, 3M’s chairman, president and CEO, will introduce new five-year financial objectives and describe how the company is positioned to deliver consistently strong performance in 2016 and beyond. 3M’s new five-year financial objectives – covering 2016 through 2020 – are: • 8% to 11% growth in earnings per share. • 2% to 5% organic local currency sales growth. • 20% return on invested capital. • 100% f...

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