Turnover: 35.36 billion USD (2021)

Country: United States

3M is an industrial group with a presence in many countries, manufacturing products of all kinds, from eyeglasses to post-it notes, with applications in a wide range of fields (automotive, construction, etc.).

News

3M cuts 6,000 jobs 25/04/2023

  • 6,000 new job cuts (in addition to the 2,500 announced in January)
  • Cost reductions estimated at between $700 and $900 million
  • First-quarter sales: $8 billion (down 9% year-on-year)

3M's business can be grouped into 5 activities:

  • Industrial products (glues, adhesives, etc.)
  • Safety and signage products (fire-fighting systems, etc.)
  • Health products (orthopedic and surgical equipment, etc.)
  • Electronic and electrical products (connections, etc.)
  • Consumables (adhesive tapes, filters, etc.)

3M controls the Post-it and Scotch brands, two highly sought-after stationery products. The company has a production site in France, but it is not dedicated to the manufacture of stationery products.

The group is listed on the stock exchange and is valued at 98.6 billion dollars.

Financial Data

DUNS: 542078555

Legal Name: 3M FRANCE

Address: 1 PRV DE L INNOVATION , 95000 CERGY

Number of employees: Entre 1 000 et 1 999 salariés (2020)

Capital: 10 572 672 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 538 829 380 538 179 723 578 274 423 653 303 114 673 872 235 674 202 667 710 418 355
Gross margin (€) 261 043 584 234 340 384 250 428 449 304 981 592 345 731 534 340 225 374 -
EBITDA (€) 32 816 307 34 610 034 11 177 298 42 899 306 29 530 313 19 374 026 -
Operating profit (€) 7 379 241 11 534 628 -8 298 050 19 950 758 -13 849 117 -21 364 215 -
Net profit (€) 38 182 560 16 219 114 36 249 498 39 811 963 8 029 508 21 158 709 -8 983 490
Turnover growth rate (%) 0,1 -6,9 -11,5 -3,1 - -5,1 -
Ebitda margin rate (%) 6,1 6,4 1,9 6,6 4,4 2,9 -
Operating margin rate (%) 1,4 2,1 -1,4 3,1 -2,1 -3,2 -
Working Capital (turnover days) 60,6 57,7 47,7 55,1 118,4 48,3 -
Working Capital requirements (turnover days) -8,9 51 46,2 47,3 70,8 61,1 -
Net margin (%) 7,1 3 6,3 6,1 1,2 3,1 -
Added value / Turnover (%) 19,2 19,9 16 19,1 22,3 22,9 -
Wages and social charges (€) 128 054 747 113 900 490 111 351 819 111 071 800 148 933 456 153 459 885 -
Salaries / Turnover (%) 23,8 21,2 19,3 17 22,1 22,8 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Lars HANSEID 65
Directeur général délégué Eric Jacques Marie PANIER DES TOUCHES 63
Pharmacien responsable Eric Jacques Marie PANIER DES TOUCHES 63

Studies mentioning this company

The stationery market - France

Other companies mentioned:

  • Hamelin Groupe - Oxford
  • 3M
  • Office Depot France
  • Bureau Vallée
  • Papier Tigre
  • Cultura
  • Exacompta Clairefontaine
  • Pilot Pen
  • BIC Groupe
  • Schwan-Stabilo
  • MTM Groupe Paperflow
  • Antalis France
  • Carton Service- Inapa
  • Lyreco
The industrial glues and adhesives market - France

Other companies mentioned:

  • 3M
  • Arkema Adhesives
  • Sika
  • H.B. FULLER
  • Henkel
  • Bostik
  • Leroy Merlin France (Adeo)
  • ITM Equipement (Bricorama, Bricomarché, Brico Cash)
  • Mr. Bricolage
  • Gorilla Glue
  • Ardemat
  • Foresa France

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