FILE PHOTO: FILE PHOTO: The 3M logo is seen at its global headquarters in Maplewood, Minnesota, U.S. on March 4, 2020. The company has been contracted by the U.S. government to produce extra masks in response to the country’s novel coronavirus outbreak. Picture taken March 4, 2020. REUTERS/Nicholas Pfosi/File Photo/File Photo

October 26, 2021

(Reuters) – Diversified manufacturer 3M Co posted a 7.1% rise in third-quarter revenue on Tuesday, boosted by higher demand for its consumer as well as safety and industrial products. Net income attributable to the company rose marginally to $1.434 billion, or $2.45 per share, in the quarter ended Sept. 30, from $1.430 billion, or $2.45 per share, a year earlier.

Net sales rose to $8.94 billion from $8.35 billion a year earlier.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Ramakrishnan M.)


Source: One America News Network

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