Industrial, commercial and consumer supplies manufacturing conglomerate 3M reported its 2025 first quarter financial results on April 22, showing a slight decline in sales year-over-year, but an increase in margins and organic growth.
Total sales for the quarter reach $6.0 billion, down 1.0% year-over-year. Adjusted sales were $5.8 billion, reflecting organic growth of 1.5% year-over-year.
3M reported a 1Q operating profit of $1.2 billion, on a margin of 23.5% increased 220 basis-points year-over-year. Net profit of $1.1 billion increased year-over-year from $928 million.
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Here is how 3M’s 1Q performed within its three business units:
- Safety & Industrial – Sales of $2.74 billion were up 0.5% year-over-year, with organic sales up 2.5%. While total sales growth decelerated from 4Q24’s 1.6% gain, organic sales ticked up from 2.4%. Operating profit increased to $696 million in 1Q.
- Transportation & Electronics – Sales of $1.9 billion were down 5.4% year-over-year, with organic sales down 4.0%. Operating profit declined to $352 million.
- Consumer – Sales of $1.12 billion were down 1.4% year-over-year, with organic sales up 0.3%. Operating profit increased slightly to $219 million.
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“We had strong results in the first quarter with positive organic sales growth, margins ahead of expectations and double-digit EPS growth,” 3M Chairman and CEO William Brown said in the financial release. “In this dynamic environment, we remain focused on improving the fundamentals in the business, building a new performance culture and advancing our strategic priorities while leveraging our extensive global network and significant U.S. footprint.”
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