3M Third Quarter 2014 Sales Grow 2.8%
3M recently reported third quarter earnings of $1.98 per share, an increase of 11.2% vs. the third quarter of 2013. Sales grew 2.8% year-on-year to $8.1 billion, and operating income for the quarter was $1.9 billion.
“This was another strong quarter for 3M,” said Inge G. Thulin, chairman, president and CEO. “The 3M team once again delivered broad-based organic growth with operating margins exceeding 22% in all businesses. As we look forward, our focus will remain on actively managing the portfolio and strategically investing in the business to continue delivering profitable growth across the company. 3M remains on track to deliver its long-term financial objectives.”
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