3M

The claim is the largest brought by the country, reflecting the costs of the pollution

But range and cost of charging infrastructure remain barriers, industry observers say

However, cost cuts, price hikes and the introduction of new products under CEO Bill Brown are helping it shore up margins

3M has leaned on product innovation under CEO Bill Brown, who took the helm in 2024

3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%

An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company

Starting in May, 3M plans to pay a dividend at roughly 40 per cent of its adjusted free cash flow

3M FORECAST 2024 profits and sales growth below Wall Street expectations as it continues to contend with sluggish consumer demand that has weighed on growth for the better part of a year.

3M BOOSTED its full-year adjusted profit and cash flow targets as it reported third-quarter results that easily topped Wall Street estimates, lifted by sweeping cost cuts and efforts to combat an ongo...