3M's Safety & Industrial Unit Drives Growth, 2026 Outlook Positive

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

3M Company continues to benefit from strong momentum in its Safety & Industrial segment, with adjusted organic sales growing 3.2 percent year over year in the first quarter of 2026. Demand increased in the mid-single-digit range across personal safety, industrial adhesives and tapes, abrasives, and electrical markets, while electrical infrastructure products like medium voltage cable accessories and insulation tapes also supported performance. The segment's adjusted operating margin improved 100 basis points year over year, aided by higher sales volumes, productivity initiatives, and disciplined capital allocation, though investments for business expansion and tariffs partially offset results. Weakness in the roofing granules business remains a concern. For 2026, 3M expects adjusted organic sales growth of about 3 percent and adjusted earnings between $8.50 and $8.70 per share, indicating continued earnings growth from 2025 levels.

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