3M Co. (MMM) announces 2022 guidance

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3M Well Positioned for Long-Term Sustainable Growth and Value Creation

February 14, 2022 8:00 AM EST

ST. PAUL, Minn., Feb. 14, 2022 /PRNewswire/ -- At its Virtual Strategic Update and 2022 Outlook Meeting, 3M today is announcing its 2022 guidance and highlighting its plan for sustainable long-term growth and shareholder value creation. 3M is expecting total sales growth of 1% to 4%, which includes organic sales growth of 2% to 5%, earnings per share (EPS) of $10.15 to $10.65, and robust cash flow. Included in this guidance is an anticipated decline in COVID-19-related disposable respirator demand in 2022, resulting in a headwind to organic growth of 2 percentage points and earnings per share of 45 cents.

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