The 3M logo is pictured on products at an Orchard Supply Hardware store in Pasadena, California U.S., January 24, 2017.   REUTERS/Mario Anzuoni
The 3M logo is pictured on products at an Orchard Supply Hardware store in Pasadena, California U.S., January 24, 2017. REUTERS/Mario Anzuoni
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Business & Economy

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

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. 

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

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