3M Posts Record Third-Quarter Numbers

3M, St. Paul, Minn., released its third-quarter numbers, which included earnings of $1.98 per share, an 11.2 percent increase over the same time last year. Sales also grew 2.8 percent over last year to $8.1 billion this year as of Sept. 30, which was the close of the third quarter.

“This was another strong quarter for 3M,” said Inge G. Thulin, 3M’s chairman, president and CEO. “The 3M team once again delivered broad-based organic growth with operating margins exceeding 22 percent in all businesses. As we look forward, our focus will remain on actively managing the portfolio and strategically investing in the business to continue delivering profitable growth across the company. 3M remains on track to deliver its long-term financial objectives.”