3M

Gestern hat CEO Mike Roman Details zur neuen 5-Jahresstrategie von MMM veröffentlicht und seine Guidance für 2019 konkretisiert. Sieht gut aus. Der Markt ist gestern darauf mit +3,5% angesprungen!

3M’s new five-year financial objectives – covering 2019 through 2023 – are:

• 3 to 5 percent organic local currency sales growth
  
• 8 to 11 percent growth in earnings per share
  
• 20 percent return on invested capital
  
• 100 percent free cash flow conversion
  

In addition to its five-year goals, 3M will also outline its expectations for 2019:

• 1 to 3 percent total sales growth
  
• 2 to 4 percent organic local currency sales growth
  
• Earnings per share of $10.60 to $11.05
  • 20 to 25 percent EPS growth, on a GAAP basis
    
  • 7 to 11 percent EPS growth, adjusting for certain 2018 items
    
• 22 to 25 percent return on invested capital
  
• 95 to 105 percent free cash flow conversion (based on operating cash flow of $7.9 to $8.5 billion).
  

http://investors.3m.com/news/press-relea...fault.aspx