3M: 5-year forecast

Mike Roman, CEO of 3M, announced his forecast for the next 5 years from 2019 to 2023 at Investors Day.

at the headquarters in St. Paul, as well as his priorities for the future.

According to this, sales are expected to increase by 3 - 5% in local currency, earnings per share are expected to rise by 8 -11% and the return on invested capital should reach 20%.

The priorities for long-term growth and value creation focus on the company portfolio, innovation, transformation, people and culture.

 

For 2018, 3M continues to expect an above-average result.