3M’s CEO Says the Turnaround Is Ahead of Schedule, But PFAS Litigation Keeps Resurfacing
3M (NYSE:MMM) CEO William Brown reported that the company's operational turnaround is ahead of schedule, with improved margins, delivery performance, and new product launches. However, ongoing PFAS litigation, including a recent class action and a lawsuit by the Australian government, presents continued legal risks. 3M expects 20% of sales from new products by 2027 and is tracking above a 25% operating margin by that year.



