logo
Plus   Neg
Share
Email

3M October Total Sales Up 3% - Quick Facts

3M Co. (MMM) reported that its total sales for the month of October 2020 increased 3 percent year-on-year to $2.9 billion. Organic local-currency sales increased 2 percent, and acquisitions, net of divestitures, added 1 percent while foreign currency translation was flat year-on-year.

Total sales increased 12 percent in Health Care, 7 percent in Consumer, and 4 percent in Safety and Industrial, while Transportation and Electronics declined 4 percent.

Organic local-currency sales rose 8 percent in both Health Care and Consumer, and 4 percent in Safety and Industrial, while Transportation and Electronics declined 4 percent.

On a geographic basis, total sales increased 3 percent in Asia Pacific, and 2 percent in both EMEA or Europe, Middle East and Africa and the Americas. Organic local-currency sales increased 2 percent in the Americas, and 1 percent in both Asia Pacific and EMEA.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of STMicroelectronics were gaining in Paris trading as well as in the pre-market activity on the NYSE, after the semiconductor manufacturer reported Thursday higher profit and revenues for its fourth quarter that beat analysts' estimates. Separately, the company announced that its President and Chief Executive Officer Jean-Marc Chery has accepted Supervisory board's proposal to be available The European Union and Britain have cleared Boeing's 737 Max for return to service in their respective regions after being grounded for nearly two years. The EU's air safety watchdog European Union Aviation Safety Agency or EASA in a statement said the agency has approved the return to service of a modified version of the Boeing 737 MAX. The UK Civil Aviation Authority or CAA also lifted the ban. Euromarket Designs, Inc., doing business as CB2, has recalled Junction tall chests and low dressers citing tip-over and entrapment hazards to children, according to the U.S. Consumer Product Safety Commission. The Chicago, Illinois - based company has called back about 11,000 units sold in the United States and about 355 units sold in Canada.
Follow RTT