Industrial giant ‍3M posted fourth-quarter ‍adjusted profit above Wall Street estimates on Tuesday, as cost cuts and price ‌hikes ‌drove an improvement in margins. The ​introduction of new products under CEO Bill Brown has also helped 3M shore up margins, ⁠cushioning the company from weak consumer demand against a prolonged inflationary backdrop. The company's adjusted profit stood at $1.83 per share during the period, compared with analysts' estimate of $1.80 per share, according to data

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