3M recently reported fourth-quarter and full-year 2018 results. Fourth-quarter operating income was $1.8 billion. 2018 sales increased 3.5% to $32.8 billion. The combination of acquisitions and divestitures reportedly increased sales 0.1%.
“3M executed well in the fourth quarter, with results that were in line with our expectations,” said Mike Roman, CEO. “We delivered organic growth of 3%, which included growth across all business groups and geographic areas, along with strong cash flow and earnings. The fourth quarter capped an important year for 3M, as we posted good results and continued to take actions to strengthen our company for the future.