3M's first-quarter profit rises on cost-control measures

Published: 2026-04-21 06:38:47 ET MMM

Published on 04/21/2026 at 06:38 am EDT

April 21 (Reuters) - Industrial giant 3M posted a rise in first-quarter profit on Tuesday, as cost-control measures, price hikes and new product launches helped offset inflationary and tariff-linked pressures.

The company's quarterly adjusted profit came in at $2.14 per share, compared with $1.88 per share a year ago.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Jonathan Ananda)