3M recently reported its second-quarter 2018 results. Sales were reportedly up 7.4% to $8.4 billion. Total sales grew 15.8% in safety and graphics, 6.8% in industrial, 4.9% in health care, 4.6% in consumer, and 3.6% in electronics and energy. Organic local-currency sales increased 8.5% in safety and graphics, 5.7% in industrial, 5.2% percent in electronics and energy, 4.3% in consumer, and 3.8% in health care.
On a geographic basis, total sales grew 9.5% in EMEA (Europe, Middle East and Africa), 7.9% in Asia-Pacific, 7.1% in the U.S., and 3.1% in Latin America/Canada.
Top 5 News that Sticks for August 19-25
1. 3M Sales Rise 7% in Second Quarter 2018