3M's second-quarter profit jumped 6 percent as sales surged across all its businesses.
The maker of Post-it notes, industrial coatings and ceramics posted net income of $1.27 billion, or $1.91 per share, in the quarter ending June 30, compared with $1.2 billion, or $1.71 per share, in the same quarter a year ago.
"Organic sales growth was again positive across all businesses and geographic regions which helped drive double-digit growth in earnings per share," said Chairman and CEO Inge Thulin. "Strong productivity fueled increased growth investments, and operating margins increased year-on-year to nearly 23 percent."
3M 2Q Profit Rises 6 Percent
Published July 25, 2014
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