3M lifts 2025 profit forecast on cost-cutting, margin expansion efforts

(Reuters) -Industrial giant 3M on Friday raised its full-year profit forecast, as cost-cutting measures and efforts to focus on high-margin products are paying off.

The industrial giant now expects a full-year adjusted profit between $7.75 and $8 per share, compared with $7.60 to $7.90 per share expected previously.

(Reporting by Aishwarya Jain in Bengaluru; Editing by Shinjini Ganguli)