in this issue
Markets :: Specialty Chemicals :: Adhesives and sealants
3M earnings rise but fall short of estimates
9:55 AM MDT | April 24, 2014 | Vincent Valk
3M today reported first quarter net income of $1.21 billion, up 7.1% year-on-year (YOY), on sales of $7.83 billion, up 2.6%. Earnings totaled $1.79/share, slightly short of analysts’ consensus estimate of $1.80/share, as reported by Thomson Reuters (New York). 3M’s industrials segment, which includes chemicals, saw sales rise 3.1% YOY, to $2.8 billion, while operating income increased 6.7%, to $618 million. Sales rose for purification, advanced materials, abrasives, transportation and aerospace businesses, while sales declined in the personal care...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee