3M reported another solid quarter with a 7.1% top-line growth and a 6.3% increase year-on-year in organic revenues, comfortably surpassing Wall Street expectations. The company saw a high-single-digit growth across all key segments, particularly the core Safety and Industrial segment which grew by 7.2% and the Consumer segment which grew by 8.1%. However, the company continued to face inflationary pressure including higher costs related to polypropylene, ethylene, resins and labor. The global se ....
29 Oct 2021
3M Company - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/29
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3M Company - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/29
- Published:
29 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14
3M reported another solid quarter with a 7.1% top-line growth and a 6.3% increase year-on-year in organic revenues, comfortably surpassing Wall Street expectations. The company saw a high-single-digit growth across all key segments, particularly the core Safety and Industrial segment which grew by 7.2% and the Consumer segment which grew by 8.1%. However, the company continued to face inflationary pressure including higher costs related to polypropylene, ethylene, resins and labor. The global se ....