3M recently reported second-quarter earnings of $2.58 per share, an increase of 24% vs. the second quarter of 2016. Sales were $7.8 billion, up 1.9% year-on-year in dollar terms. Total sales grew 7.5% in electronics and energy, 2.5% in industrial, 1.8% in health care, and 0.5% in consumer; total sales declined 0.9% in safety and graphics. Organic local-currency sales increased 8.4% in electronics and energy, 3.8% in industrial, 3.2% in safety and graphics, 2.5% in health care, and 0.7% in consumer.

On a geographic basis, total sales reportedly grew 8.3% in Asia Pacific, 2.5% in Latin America/Canada, and 0.5% in the U.S.; total sales declined 3.6% in EMEA (Europe, Middle East and Africa). Organic local-currency sales increased 10.0% in Asia Pacific, 3.7% in Latin America/Canada, and 1.9% in the U.S.; organic local-currency sales declined 1.6% in EMEA.