Enviar búsqueda
Cargar
3M Company JP Morgan Conference
•
1 recomendación
•
1,023 vistas
I
Investors_3M
Seguir
3M Company JP Morgan Conference
Leer menos
Leer más
Relaciones con inversores
Denunciar
Compartir
Denunciar
Compartir
1 de 28
Descargar ahora
Descargar para leer sin conexión
Recomendados
Understanding strategy in innovation and technology oriented business 3M
Understanding strategy in innovation and technology oriented business 3M
Gundu Durgarao
How 3M Applies Lean Principles to Make Competitive Intelligence Impact Measur...
How 3M Applies Lean Principles to Make Competitive Intelligence Impact Measur...
IntelCollab.com
George W. Buckley Chairman, President and Chief Executive Officer
George W. Buckley Chairman, President and Chief Executive Officer
finance10
Roland berger best_practices_in_new_product_development_20130419
Roland berger best_practices_in_new_product_development_20130419
Alberto Garcia Romera
3M Leading Through Innovation
3M Leading Through Innovation
Roberto Andres Castillo Zavala
Innovation at 3M case analysis
Innovation at 3M case analysis
Tony Sebastian
Hrm 3 m
Hrm 3 m
raw1994deep
3 M Final
3 M Final
Elitsa Voeva-Kolev
Recomendados
Understanding strategy in innovation and technology oriented business 3M
Understanding strategy in innovation and technology oriented business 3M
Gundu Durgarao
How 3M Applies Lean Principles to Make Competitive Intelligence Impact Measur...
How 3M Applies Lean Principles to Make Competitive Intelligence Impact Measur...
IntelCollab.com
George W. Buckley Chairman, President and Chief Executive Officer
George W. Buckley Chairman, President and Chief Executive Officer
finance10
Roland berger best_practices_in_new_product_development_20130419
Roland berger best_practices_in_new_product_development_20130419
Alberto Garcia Romera
3M Leading Through Innovation
3M Leading Through Innovation
Roberto Andres Castillo Zavala
Innovation at 3M case analysis
Innovation at 3M case analysis
Tony Sebastian
Hrm 3 m
Hrm 3 m
raw1994deep
3 M Final
3 M Final
Elitsa Voeva-Kolev
Arthur ‘ d little
Arthur ‘ d little
Anu Damodaran
Pursuing Customer Inspired Growth
Pursuing Customer Inspired Growth
Kearney
Research & Development (R&D) in Real Estate
Research & Development (R&D) in Real Estate
Muneer Azzam
Deloitte Case Competition 2013
Deloitte Case Competition 2013
ryanamenges
3 m innovation
3 m innovation
Sparkle Whyte
Managing turnarounds in times of crisis
Managing turnarounds in times of crisis
Implement Consulting Group
Green Venture Opportunities
Green Venture Opportunities
Boston Consulting Group
Post covid 19 global supply chains
Post covid 19 global supply chains
Implement Consulting Group
Governing Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | Accenture
accenture
Ml and productivity
Ml and productivity
enterpriseresearchcentre
Business and the Technological Environment
Business and the Technological Environment
tutor2u
R&D Research & Development Strategy & Management
R&D Research & Development Strategy & Management
Chief Innovation
Global Developments in Food Safety and Resource Efficiency
Global Developments in Food Safety and Resource Efficiency
Vikas Sharma
Technology Management- Google
Technology Management- Google
Pramod Patil
Technology Strategy for Impact
Technology Strategy for Impact
Donny Shimamoto
PropTech CEO Summit 2019
PropTech CEO Summit 2019
Paul Levine
Tech clarity perspective-industrial_top_performers
Tech clarity perspective-industrial_top_performers
Bentley Systems
Unit v managing technology and innovation
Unit v managing technology and innovation
Deborah Sharon
'Business' of R&D
'Business' of R&D
Ravi Neo
NUS Case Competition Slide Deck
NUS Case Competition Slide Deck
Charles “Cody” Hodge
3M Company at Bank of America Merrill Lynch Global Industrials & EU Autos Con...
3M Company at Bank of America Merrill Lynch Global Industrials & EU Autos Con...
Investors_3M
Electrical Products Group 2015 Annual Spring Conference
Electrical Products Group 2015 Annual Spring Conference
Investors_3M
Más contenido relacionado
La actualidad más candente
Arthur ‘ d little
Arthur ‘ d little
Anu Damodaran
Pursuing Customer Inspired Growth
Pursuing Customer Inspired Growth
Kearney
Research & Development (R&D) in Real Estate
Research & Development (R&D) in Real Estate
Muneer Azzam
Deloitte Case Competition 2013
Deloitte Case Competition 2013
ryanamenges
3 m innovation
3 m innovation
Sparkle Whyte
Managing turnarounds in times of crisis
Managing turnarounds in times of crisis
Implement Consulting Group
Green Venture Opportunities
Green Venture Opportunities
Boston Consulting Group
Post covid 19 global supply chains
Post covid 19 global supply chains
Implement Consulting Group
Governing Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | Accenture
accenture
Ml and productivity
Ml and productivity
enterpriseresearchcentre
Business and the Technological Environment
Business and the Technological Environment
tutor2u
R&D Research & Development Strategy & Management
R&D Research & Development Strategy & Management
Chief Innovation
Global Developments in Food Safety and Resource Efficiency
Global Developments in Food Safety and Resource Efficiency
Vikas Sharma
Technology Management- Google
Technology Management- Google
Pramod Patil
Technology Strategy for Impact
Technology Strategy for Impact
Donny Shimamoto
PropTech CEO Summit 2019
PropTech CEO Summit 2019
Paul Levine
Tech clarity perspective-industrial_top_performers
Tech clarity perspective-industrial_top_performers
Bentley Systems
Unit v managing technology and innovation
Unit v managing technology and innovation
Deborah Sharon
'Business' of R&D
'Business' of R&D
Ravi Neo
NUS Case Competition Slide Deck
NUS Case Competition Slide Deck
Charles “Cody” Hodge
La actualidad más candente
(20)
Arthur ‘ d little
Arthur ‘ d little
Pursuing Customer Inspired Growth
Pursuing Customer Inspired Growth
Research & Development (R&D) in Real Estate
Research & Development (R&D) in Real Estate
Deloitte Case Competition 2013
Deloitte Case Competition 2013
3 m innovation
3 m innovation
Managing turnarounds in times of crisis
Managing turnarounds in times of crisis
Green Venture Opportunities
Green Venture Opportunities
Post covid 19 global supply chains
Post covid 19 global supply chains
Governing Innovation: The recipe for portfolio growth | Accenture
Governing Innovation: The recipe for portfolio growth | Accenture
Ml and productivity
Ml and productivity
Business and the Technological Environment
Business and the Technological Environment
R&D Research & Development Strategy & Management
R&D Research & Development Strategy & Management
Global Developments in Food Safety and Resource Efficiency
Global Developments in Food Safety and Resource Efficiency
Technology Management- Google
Technology Management- Google
Technology Strategy for Impact
Technology Strategy for Impact
PropTech CEO Summit 2019
PropTech CEO Summit 2019
Tech clarity perspective-industrial_top_performers
Tech clarity perspective-industrial_top_performers
Unit v managing technology and innovation
Unit v managing technology and innovation
'Business' of R&D
'Business' of R&D
NUS Case Competition Slide Deck
NUS Case Competition Slide Deck
Similar a 3M Company JP Morgan Conference
3M Company at Bank of America Merrill Lynch Global Industrials & EU Autos Con...
3M Company at Bank of America Merrill Lynch Global Industrials & EU Autos Con...
Investors_3M
Electrical Products Group 2015 Annual Spring Conference
Electrical Products Group 2015 Annual Spring Conference
Investors_3M
Thulin bernstein conference final
Thulin bernstein conference final
Investors_3M
Thulin bernstein conference
Thulin bernstein conference
Investors_3M
Mdr day1-ir presentation final 051018 230 pm cst
Mdr day1-ir presentation final 051018 230 pm cst
investorcbi
Quintiles analyst day presentation 2014
Quintiles analyst day presentation 2014
Quintiles2014
INVESTOR_DAY_1-5_vFINAL_Website_Version
INVESTOR_DAY_1-5_vFINAL_Website_Version
cferris76
KeyBanc Industrial, Automotive and Transportation Conference Presentation
KeyBanc Industrial, Automotive and Transportation Conference Presentation
Hillenbrand_IR
Cl king conference investor deck_final_9-9-16
Cl king conference investor deck_final_9-9-16
Hillenbrand_IR
Oshkosh corp 3 5-15 jpm presentation-final
Oshkosh corp 3 5-15 jpm presentation-final
Oshkosh_Investors
Finning presentation oem oct 21, 2015_final
Finning presentation oem oct 21, 2015_final
FinningInternational
Appendix investor day012215_gef
Appendix investor day012215_gef
greif2015
DuPont at J.P. Morgan Aviation, Transportation and Industrials Conference
DuPont at J.P. Morgan Aviation, Transportation and Industrials Conference
DupontInv
01 ceo fad v40 final
01 ceo fad v40 final
InvestorSymantec
01 ceo fad v40 final
01 ceo fad v40 final
InvestorSymantec
Regal Beloit Investor Relations
Regal Beloit Investor Relations
tjoswald22
Q1 2015 3 m earnings presentation
Q1 2015 3 m earnings presentation
Investors_3M
Q3 2015 3 m earnings presentation
Q3 2015 3 m earnings presentation
Investors_3M
DuPont Presents at Citi 2014 Basic Materials Conference
DuPont Presents at Citi 2014 Basic Materials Conference
DupontInv
ALT_2014_FY_results_12032015
ALT_2014_FY_results_12032015
David NICOLAS
Similar a 3M Company JP Morgan Conference
(20)
3M Company at Bank of America Merrill Lynch Global Industrials & EU Autos Con...
3M Company at Bank of America Merrill Lynch Global Industrials & EU Autos Con...
Electrical Products Group 2015 Annual Spring Conference
Electrical Products Group 2015 Annual Spring Conference
Thulin bernstein conference final
Thulin bernstein conference final
Thulin bernstein conference
Thulin bernstein conference
Mdr day1-ir presentation final 051018 230 pm cst
Mdr day1-ir presentation final 051018 230 pm cst
Quintiles analyst day presentation 2014
Quintiles analyst day presentation 2014
INVESTOR_DAY_1-5_vFINAL_Website_Version
INVESTOR_DAY_1-5_vFINAL_Website_Version
KeyBanc Industrial, Automotive and Transportation Conference Presentation
KeyBanc Industrial, Automotive and Transportation Conference Presentation
Cl king conference investor deck_final_9-9-16
Cl king conference investor deck_final_9-9-16
Oshkosh corp 3 5-15 jpm presentation-final
Oshkosh corp 3 5-15 jpm presentation-final
Finning presentation oem oct 21, 2015_final
Finning presentation oem oct 21, 2015_final
Appendix investor day012215_gef
Appendix investor day012215_gef
DuPont at J.P. Morgan Aviation, Transportation and Industrials Conference
DuPont at J.P. Morgan Aviation, Transportation and Industrials Conference
01 ceo fad v40 final
01 ceo fad v40 final
01 ceo fad v40 final
01 ceo fad v40 final
Regal Beloit Investor Relations
Regal Beloit Investor Relations
Q1 2015 3 m earnings presentation
Q1 2015 3 m earnings presentation
Q3 2015 3 m earnings presentation
Q3 2015 3 m earnings presentation
DuPont Presents at Citi 2014 Basic Materials Conference
DuPont Presents at Citi 2014 Basic Materials Conference
ALT_2014_FY_results_12032015
ALT_2014_FY_results_12032015
Más de Investors_3M
Q1 2016 3 m earnings conference
Q1 2016 3 m earnings conference
Investors_3M
Inge g-thulin ceo
Inge g-thulin ceo
Investors_3M
Q4 2015 3 m earnings presentation
Q4 2015 3 m earnings presentation
Investors_3M
Gangestad jefferies conference final
Gangestad jefferies conference final
Investors_3M
Q2 2015 3 m earnings presentation
Q2 2015 3 m earnings presentation
Investors_3M
Gangestad deutsche bank conference
Gangestad deutsche bank conference
Investors_3M
Gangestad deutsche bank conference
Gangestad deutsche bank conference
Investors_3M
3M Company at J.P. Morgan Aviation, Transportation and Industrials Conference...
3M Company at J.P. Morgan Aviation, Transportation and Industrials Conference...
Investors_3M
Más de Investors_3M
(8)
Q1 2016 3 m earnings conference
Q1 2016 3 m earnings conference
Inge g-thulin ceo
Inge g-thulin ceo
Q4 2015 3 m earnings presentation
Q4 2015 3 m earnings presentation
Gangestad jefferies conference final
Gangestad jefferies conference final
Q2 2015 3 m earnings presentation
Q2 2015 3 m earnings presentation
Gangestad deutsche bank conference
Gangestad deutsche bank conference
Gangestad deutsche bank conference
Gangestad deutsche bank conference
3M Company at J.P. Morgan Aviation, Transportation and Industrials Conference...
3M Company at J.P. Morgan Aviation, Transportation and Industrials Conference...
Último
SME IPO Opportunity and Trends of May 2024
SME IPO Opportunity and Trends of May 2024
Transique Corporate Advisors
Western Copper and Gold - May 2024 Presentation
Western Copper and Gold - May 2024 Presentation
Paul West-Sells
Osisko Development - Investor Presentation - May 2024
Osisko Development - Investor Presentation - May 2024
Philip Rabenok
Camil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdf
CAMILRI
Premium Call Girls In Kapurthala} 9332606886❤️VVIP Sonya Call Girls
Premium Call Girls In Kapurthala} 9332606886❤️VVIP Sonya Call Girls
meghakumariji156
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
xzxvi5zp
Osisko Gold Royalties Ltd - Q1 2024 Results
Osisko Gold Royalties Ltd - Q1 2024 Results
Osisko Gold Royalties Ltd
Teekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Ltd
Gorakhpur Call Girls 8250092165 Low Price Escorts Service in Your Area
Gorakhpur Call Girls 8250092165 Low Price Escorts Service in Your Area
meghakumariji156
countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024
Kweku Zurek
AMG Quarterly Investor Presentation May 2024
AMG Quarterly Investor Presentation May 2024
gstubel
Camil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdf
CAMILRI
Financial Results for the Fiscal Year Ended March 2024
Financial Results for the Fiscal Year Ended March 2024
KDDI
Teekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings Results
Teekay Corporation
Corporate Presentation Probe Canaccord Conference 2024.pdf
Corporate Presentation Probe Canaccord Conference 2024.pdf
Probe Gold
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Klinik kandungan
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
Osisko Gold Royalties Ltd
一比一原版(EUR毕业证书)鹿特丹伊拉斯姆斯大学毕业证原件一模一样
一比一原版(EUR毕业证书)鹿特丹伊拉斯姆斯大学毕业证原件一模一样
sovco
Terna - 1Q 2024 Consolidated Results Presentation
Terna - 1Q 2024 Consolidated Results Presentation
Terna SpA
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
kojalkojal131
Último
(20)
SME IPO Opportunity and Trends of May 2024
SME IPO Opportunity and Trends of May 2024
Western Copper and Gold - May 2024 Presentation
Western Copper and Gold - May 2024 Presentation
Osisko Development - Investor Presentation - May 2024
Osisko Development - Investor Presentation - May 2024
Camil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdf
Premium Call Girls In Kapurthala} 9332606886❤️VVIP Sonya Call Girls
Premium Call Girls In Kapurthala} 9332606886❤️VVIP Sonya Call Girls
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
一比一原版(Acadia毕业证书)加拿大阿卡迪亚大学毕业证学历认证可查认证
Osisko Gold Royalties Ltd - Q1 2024 Results
Osisko Gold Royalties Ltd - Q1 2024 Results
Teekay Tankers Q1-24 Earnings Presentation
Teekay Tankers Q1-24 Earnings Presentation
Gorakhpur Call Girls 8250092165 Low Price Escorts Service in Your Area
Gorakhpur Call Girls 8250092165 Low Price Escorts Service in Your Area
countries with the highest gold reserves in 2024
countries with the highest gold reserves in 2024
AMG Quarterly Investor Presentation May 2024
AMG Quarterly Investor Presentation May 2024
Camil Institutional Presentation_Mai24.pdf
Camil Institutional Presentation_Mai24.pdf
Financial Results for the Fiscal Year Ended March 2024
Financial Results for the Fiscal Year Ended March 2024
Teekay Corporation Q1-24 Earnings Results
Teekay Corporation Q1-24 Earnings Results
Corporate Presentation Probe Canaccord Conference 2024.pdf
Corporate Presentation Probe Canaccord Conference 2024.pdf
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Jual obat aborsi Tawangmangu ( 085657271886 ) Cytote pil telat bulan penggugu...
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
Osisko Gold Royalties Ltd - Corporate Presentation, May 2024
一比一原版(EUR毕业证书)鹿特丹伊拉斯姆斯大学毕业证原件一模一样
一比一原版(EUR毕业证书)鹿特丹伊拉斯姆斯大学毕业证原件一模一样
Terna - 1Q 2024 Consolidated Results Presentation
Terna - 1Q 2024 Consolidated Results Presentation
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
Dubai Call Girls/// Hot Afternoon O525547819 Call Girls In Dubai
3M Company JP Morgan Conference
1.
© 2015 3M.
All Rights Reserved. March 3, 2015 Inge Thulin Chairman of the Board, President & Chief Executive Officer
2.
2 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Forward Looking Statements This presentation contains forward-looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties. You can identify these statements by the use of words such as "anticipate," "estimate,” "expect," "project," "intend," "plan," "believe," "will," "target," "forecast" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans or prospects. Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic and capital markets conditions and other factors beyond 3M's control, including natural and other disasters affecting the operations of 3M or its customers and suppliers; (2) 3M's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to 3M's information technology infrastructure; and (10) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Changes in such assumptions or factors could produce significantly different results. A further description of these factors is located in the Annual Report under “Cautionary Note Concerning Factors That May Affect Future Results” and “Risk Factors” in Part I, Items 1 and 1A. The information contained in this presentation is as of the date indicated. The Company assumes no obligation to update any forward-looking statements contained in this presentation as a result of new information or future events or developments.
3.
3 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Executing our playbook to create value for customers and shareholders Investing in Innovation Portfolio Management Business Transformation
4.
4 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015
5.
5 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015
6.
6 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Free Cash Flow Conversion ~100% ROIC ~20% Organic Revenue Growth 4-6% EPS Growth 9-11% We are tracking toward the objectives we established in 2012 (2013 – 2017) Aggressive and realistic targets
7.
7 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Solid performance continues across each of our Business Groups 2014 results Industrial $11.0B 4.9% Organic Growth 21.7% OI Health Care $5.6B 5.8% Organic Growth 30.9% OI Consumer $4.5B 3.9% Organic Growth 22.0% OI Safety & Graphics $5.7B 5.4% Organic Growth 22.6% OI Electronics & Energy $5.6B 5.2% Organic Growth 19.9% OI $31.8B 4.9% Organic Growth 22.4% OI Note: Business Group sales include dual credit
8.
8 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Leveraging and building our Fundamental Strengths Leveraging these assets creates value; strengthening them ensures our future
9.
9 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Key levers will drive value creation going forward Investing in Innovation Business TransformationPortfolio Management These levers, combined with more aggressive capital deployment, will drive enhanced value creation
10.
10 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Portfolio Management roadmap Portfolio actions continue to create value Continue portfolio management deployment across the corporation Reallocate resources to 3M’s best opportunities Augment organic growth through M&A playbook Portfolio Management
11.
11 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 We have a stronger portfolio of businesses today than when we started RelativeStrategicAttractiveness Relative Shareholder Attractiveness Strategic Review Heartland Push Forward
12.
12 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 M&A complements our organic growth efforts Emphasis on larger deals with more focused strategic intent Portfolio intent Leverage strengths Maximize value Bolster technology position and pursue adjacencies in the Heartland Build scale and facilitate market penetration for Push Forward Build upon and leverage 3M fundamental strengths of technology, manufacturing, global footprint, and brand End-market growth that is sustainable and accretive Leverage integration capability to generate value
13.
13 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 2015 acquisitions strengthen the 3M portfolio Charlotte, North Carolina; major operations in Germany Location: Separations Media membrane filtration business What: $1B; majority financed with international cash Acquisition Price: Enhances 3M’s core filtration platform; utilizes 16 of 46 technology platforms Generates new growth opportunities across the company Rationale: San Diego, CaliforniaLocation: Health care products that disinfect and protect devices used for access into a patient’s bloodstream What: Broadens 3M’s vascular access product offerings 3M’s international presence provides significant growth opportunities Rationale: ~5X Sales; ~12X EBITDAMultiples (TTM): ~$30MSales (TTM): Separations Media Business of Polypore International Inc. Footnote: The Separations Media transaction is subject to regulatory approvals, customary closing conditions and the closing of this transaction immediately prior to the closing of Asahi Kasei's transaction with Polypore. Footnote: The Ivera Medical transaction is expected to close in the first half of 2015, subject to customary closing conditions and regulatory approvals.
14.
14 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Investing in Innovation roadmap Increasing customer relevance through innovation Enhance commercialization effectiveness through customer insights Increase R&D investment and productivity Build new platforms for growth by extending the core and investing in disruptive technologies Investing in Innovation
15.
15 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Investing in Innovation 46 technology platforms: A shared innovation engine that all businesses leverage
16.
16 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 We are increasing the amount and focus of our R&D investment R&D Intensity R&D / Total Sales 5.6% 5.5% 2014 2017e ~6% 2012 Productive investment in disruptive technologies and product platforms Extending Core Platforms Expanding Into New Markets Disrupting Markets
17.
17 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Business Transformation roadmap Business Transformation creating value for customers and shareholders Realize benefits gained through ERP deployments Deliver productivity through enhanced supply chain and manufacturing capabilities Increase service levels to customers and reduce cost to serve Business Transformation
18.
18 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Ensuring success through a regional ERP roll-out plan Key Components Europe deployment underway and accelerated to capture greater value. . .sooner U.S. deployment to follow Europe Total project investment of $1.1 to $1.2 billion Improved customer service levels and reduced time to market for new products Lower cost of goods sold, inventory and effective tax rate Estimating annual operational savings in range of $0.5B to $0.7B by 2020 Structural working capital improvement of $0.5B by 2020 Full transparency across workstreams and their interdependencies Strong governance of critical path activities to ensure success Value of Business Transformation front and center in our deployment plan Becoming more effective and efficient in serving our customers globally
19.
19 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 $10.9 $0 $5 $10 $15 $20 $25 2013-14 Prior 2013-17e Range New 2013-17e Range Gross Share Repurchases $20 to $22$17 to $22 $2.36 $2.54 $3.42 $4.10 0% 10% 20% 30% 40% 50% 60% $0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 2012 2013 2014 2015e Dividends Dividends Paid Per Share ($) Payout Ratio (%) Increasing cash returns to shareholders 2015e cash dividend of ~$2.6B, an all-time record 2015 dividend marks 57th consecutive year of annual increases Paid dividends without interruption for 98 years Baseline assumption: future increases to grow in-line with earnings over time Building on long-term track record of returning significant cash to shareholders +7% +8% +35% Note: 2015e reflects the annualized Q1 2015 dividend increase of 20% to $1.025 per share vs. $0.855 per share in Q1 2014 $15B to $7.5B 2013 share repurchases of $5.2B and $5.7B in 2014 Share repurchase program will add approximately 3% to earnings over 2013-17 plan Disciplined approach: minimum repurchase threshold; adjust up or down depending on evolving cash sources and uses and relative value ($B) +20%
20.
20 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Strong financial results GAAP EPS of $7.49, up 11.5% year-on-year Organic local-currency sales growth +4.9% Operating margins of 22.4%, up 0.8 percentage points year-on-year Free cash flow conversion of 104% ROIC of 22% Investing in the business: capital expenditures $1.5 billion, R&D $1.8 billion, acquisitions $1.0 billion Significant progress on our three key levers: portfolio management, investing in innovation, business transformation Returned $7.9 billion to shareholders via dividends and gross share repurchases A solid 2014 full-year performance Refer to 3M’s January 27, 2015 press release for full details.
21.
21 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 2015 Planning Estimates GAAP EPS of $8.00 to $8.30, no change versus prior Further foreign currency headwinds being offset by lower than expected input costs Includes retirement benefit expense increase of $0.20 per share year-on-year Sales growth Organic local-currency growth of +3% to +6% Foreign currency translation expected to be a headwind of -4% to -5% Tax rate of 28% to 29% Free cash flow conversion of 90% to 100%
22.
22 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Appendix Refer to 3M's Form 8-K furnished on March 5, 2014 and 3M's Form 8-K filed on May 15, 2014 for a discussion of the product move between business segments and other changes within business segments that were effective in the first quarter of 2014. As discussed in 3M's second-quarter Form 10-Q filed on July 31, 2014, 3M made changes within the Electronics and Energy business segment. 3M combined three existing divisions into two new divisions, creating the Electronics Materials Solutions Division and the Display Materials and Systems Division. In addition, in October 2014, 3M merged its Personal Care Division into the Industrial Adhesives and Tapes Division. This presentation reflects the impact of these changes for all periods presented.
23.
23 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Industrial With Leading Market Positions In: ― Industrial abrasives ― Auto body repair solutions ― Car care DIY ― Structural adhesives and tapes ― Filtration and purification systems ― Specialty additives ― Tapes and fasteners for personal hygiene products Adhesives & Tapes 38% Abrasives 14% Advanced Mat'ls 12% Filtration 6% Aerospace 3% Transportation 27% U.S. 38% EMEA 25% APAC 26% LAC 11% 2014 Sales By Business 2014 Sales By Geography ($M) 2012 2013 2014 CAGR Sales $10,008 $10,657 $10,990 5% GAAP Operating Income $2,244 $2,307 $2,389 3% GAAP Operating Margin 22.4% 21.6% 21.7%
24.
24 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Safety & Graphics Personal Safety 42% Traffic Safety & Security 27% Commercial Solutions 26% Roofing granules 5% U.S. 36% EMEA 27% APAC 22% LAC 15% 2014 Sales By Business 2014 Sales By Geography With Leading Market Positions In: ― Respiratory, hearing and eye protection solutions ― Reflective signage for highway and construction safety and license plates ― Premium large format graphic films for advertising and fleet signage ― Roofing granules for asphalt shingles ― Personal identification issuance and authentication products ― Building safety solutions ― Architectural design solutions for surfaces and lighting applications ($M) 2012 2013 2014 CAGR Sales $5,406 $5,584 $5,732 3% GAAP Operating Income $1,210 $1,227 $1,296 3% GAAP Operating Margin 22.4% 22.0% 22.6%
25.
25 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 U.S. 17% EMEA 12% APAC 64% LAC 7% 2014 Sales By Business 2014 Sales By Geography Display Matls & Systems 38% Electronics Matls Solutions 24% Electrical Markets 23% Telecom 8% Renewable Energy 7% Electronics & Energy With Leading Market Positions In: ― Optically clear adhesives, Novec™ fluorochemicals, transport solutions and flexible circuits for electronic components ― Light management films that enhance brightness and provide energy efficiency in liquid crystal displays (LCD) ― Electrical vinyl rubber and mastic tapes ― Medium voltage cable accessories, OEM insulation tapes ― Telecommunications copper splicing ― Fiber splicing/connectivity ($M) 2012 2013 2014 CAGR Sales $5,458 $5,393 $5,604 1% GAAP Operating Income $1,026 $954 $1,115 4% GAAP Operating Margin 18.8% 17.7% 19.9%
26.
26 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Health Care Infection Prevention 29% Critical & Chronic Care 22% Oral Care 24% Health Info Sys 12% Drug Delivery 9% Food Safety 4% U.S. 45% EMEA 29% APAC 16% LAC 10% 2014 Sales By Business 2014 Sales By Geography With Leading Market Positions In: ― Skin and wound care (transparent IV dressings and tapes) ― Infection prevention (auscultation, specialty drapes and surgical clippers) ― Patient warming solutions ― Oral care solutions ― Coding and reimbursement software ― Drug delivery (inhalation systems) ― Food safety indicator solutions ($M) 2012 2013 2014 CAGR Sales $5,138 $5,334 $5,572 4% GAAP Operating Income $1,641 $1,672 $1,724 2% GAAP Operating Margin 31.9% 31.3% 30.9%
27.
27 © 2015
3M. All Rights Reserved.J.P. Morgan Aviation, Transportation & Industrials Conference 2015 Consumer U.S. 57% EMEA 14% APAC 18% LAC 11% 2014 Sales By Business 2014 Sales By Geography DIY 36% Stationery & Office 32% Home Care 23% Consumer Health Care 9% With Leading Market Positions In: ― Consumer tapes ― Repositionable notes ― Home air filtration ― Cleaning products for the home ― Consumer bandages braces and supports ― Retail abrasives ($M) 2012 2013 2014 CAGR Sales $4,386 $4,435 $4,523 2% GAAP Operating Income $943 $945 $995 3% GAAP Operating Margin 21.5% 21.3% 22.0%
28.
© 2015 3M.
All Rights Reserved.
Descargar ahora