(Reuters) -U.S. industrial conglomerate 3M Co ( MMM ) on Tuesday reported fourth-quarter adjusted profit above estimates, driven by higher sales of industrial adhesives, tapes and electronics.

Shares of the company were up 1.8% at $143.6 in premarket trading.

An uptick in demand for electronics used in vehicles and mobile phones boosted results during the holiday quarter, after months of a demand slowdown wrought by inflation-hit consumers postponing big-ticket purchases.

The Scotch Tape maker also forecast 2025 adjusted profit largely in line with Wall Street estimates, as it looks to benefit from a restructuring effort aimed at optimizing its operations and portfolio to rein in costs and focus on higher-margin products.

It reported fourth-quarter adjusted profit of $1.68 per share, above analysts' average expectations of $1.66, according to data compiled by LSEG.

The St. Paul, Minnesota-based company expects 2025 adjusted profit between $7.60 and $7.90 per share, while analysts expected an adjusted profit of $7.77 per share.

(Reporting by Kannaki Deka in Bengaluru; Editing by Devika Syamnath)