Business

About 3M's plan

November 9, 2012 at 3:20AM

One month after reorganizing the $30 billion conglomerate into five business units from six, CEO Inge Thulin outlined 3M's five-year financial targets:Earnings-per-share growth: 9 to 11 percent a year

Revenue growth: 4 to 6 percent a year

Return on invested capital: more than 20 percent

Free cash flow conversion: 100 percent

3M VISION

• 3M technology advancing every company

• 3M products enhancing every home

• 3M innovation improving every life

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