in this issue
Markets :: Specialty Chemicals :: Adhesives and sealants
3M net income rises 3.1%, matches estimates
9:42 AM MST | January 24, 2013 | Vincent Valk
3M today reported fourth-quarter net income up 3.1% year-on-year (YOY) $1 billion, or $1.41/share, matching analysts’ consensus as reported by Thomson Reuters (New York). Sales increased 4.2%, to $7.4 billion. Organic local currency sales were up 4.3%, while acquisitions added 0.9% to sales and currency translations had a 1% negative impact. Industrial and transportation segment sales, which include 3M’s chemicals business, were up 3.8% YOY, to $2.5 billion. Organic sales were up 3.9% on a local-currency basis, while the Ceradyne acquisition...
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