The Office Times

3M posts strong sales growth

3M has posted a 6 per cent rise in second-quarter profit as sales increased across all its businesses. Its consumer business, which includes Scotch tape and Post-it notes, recorded a 3.7 per cent increase in turnover to $1.1 billion.

"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."

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