3M Co (NYSE:MMM)

$ 101.335 1.255 (1.25%) Market Cap: 56.07 Bil Enterprise Value: 66.57 Bil PE Ratio: 0 PB Ratio: 11.53 GF Score: 72/100

3M Co at Barclays Industrial Select Conference Transcript

Feb 20, 2020 / 02:45PM GMT

Release Date Price: $132.57 (-0.49%)

Transcript

Julian C.H. Mitchell

Barclays Bank PLC, Research Division - Research Analyst

Thank you. Great. Well, welcome, everyone, to this fireside chat. It's my pleasure to have next Mike Roman, Chairman and CEO of 3M.

Questions & Answers

Julian C.H. Mitchell

Barclays Bank PLC, Research Division - Research Analyst

Mike, there's obviously been a lot going on at 3M since you became Chief Executive in 2018. Maybe just discuss sort of how you see things for 3M right now starting out the year.

Michael F. Roman

3M Company - CEO, President & Chairman

Yes. So maybe just a little bit of introduction. We're expecting, as we talked about it in our Q4 earnings call, a return to growth in 2020, top line organic local currency growth with some help from acquisitions as we go through the year, leveraging it into EPS, strong EPS growth, continued focus on delivering strong ROIC and cash flow. And I'm encouraged with what we were able to do against some challenged end markets in 2019, putting a focus on that, really getting

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