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3M(MMM) - 2025 Q1 - Earnings Call Presentation

Q1 2025 Performance - Sales reached $5.8 billion, with organic growth of 1.5%[10] - Operating margin increased to 23.5%, up 220 bps year-over-year[10] - Earnings per share (EPS) rose to $1.88, a 10% increase[10] - Free cash flow was $0.5 billion, with a 48% conversion rate[10] Business Segment Performance - Safety & Industrial sales were $2.745 billion, with organic sales growth of 2.5%[20] - Transportation & Electronics sales were $1.816 billion, with organic sales growth of 1.1%[22] - Consumer sales were $1.124 billion, with organic sales growth of 0.3%[24] Capital Deployment - $1.7 billion was returned to shareholders, including $1.3 billion in share repurchases[9] - Full-year share repurchases are increasing to approximately $2 billion, with Board authorization at $7.5 billion[9] 2025 Guidance Update - The company reaffirmed its organic sales growth guidance of 2% to 3%[26] - EPS guidance remains at $7.60 to $7.90[30] - Free cash flow conversion is expected to be around 100%[26]