3M office division sales up

0

20 October 2006 — St Paul (MN): 3M’s consumer and office division has reported a 7 percent rise in Q3 net sales to $867 million, compared to $810 million in Q3 2005.

The division also posted a 7 percent increase in Q3 operating income to $181 million, from $169 million a year earlier.

 

3M reported record worldwide sales of £5.9 billion, up 8.8 percent compared to Q3 2005.

 

Net income was $894 million, or EPS of $1.18, compared to $840 million, or EPS of $1.08, in the same quarter of the previous year.