3M Co.

NYSE:MMM   3:59:55 PM EDT
-0.50 (-0.28%)
: $180.70 -0.33 (-0.18%)
Officer Changes, Other Pre-Announcement

3M CFO Says Auto Business, Which Was Expected To Be Down 3% For H2 Is Now Going To Be Down 6% Due To Semiconductor Shortage- Morgan Stanley Laguna Conf.

Published: 09/13/2021 13:39 GMT
3M Co. (MMM) - 3m Co CFO Says Inflation is Higher Than We Even Thought in Q3, We Are Seeing Inflation Outstrip Price-morgan Stanley Laguna Conf.
3m CFO Says We Are Seeing Broad-based Inflation, in Resins, Polypropylene, Ethylene, Wood Pulp, Labor.
3m CFO Says Auto, Which Was Expected to Be Down 3% for H2 is Now Going to Be Down 6% Due to Semiconductor Shortage.
3m CFO Says Co Seeing Uneven Recovery in Health Care.
3m CFO Says North American Elective Procedures Will Be About 90% of Pre-pandemic Levels, We Had Originally Anticipated 90% to 95%.
3m CFO Says We Are Seeing Delay in Return to Office, and That's Going to Impact the Office Supplies Business.
3m CFO Says We Are Close to Pre-pandemic Levels on Oral Care.
3m CFO Says Consumer Electronics, Tvs, Are All Getting Impacted by the Chip Shortage.
3m CFO Says in Tv Unit, We Are Seeing Factories Are Being Shut Down Because of the Delta Variant, So That's Going to Put More Pressure.
Further Company Coverage: Mmmn