Industry News, Ink Manufacturers News

3M Reports 4Q, Full-Year 2020 Results

Full-year sales stable at $32.2 billion, while adjusted free cash flow rose 18% to $6.7 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Driven by its leadership position in respirators and other health care items needed for the COVID-19 pandemic, 3M reported solid fourth-quarter and full-year 2020 results. Throughout 2020, 3M saw strong end-market demand in personal safety, home improvement, general cleaning, semiconductor, data center and biopharma filtration, while other segments declined due to the impacts of COVID-19. Full-year 2020 sales grew 0.1% year-on-year to $32.2 billion. Acquisitions, net of divestitures, grew sale...

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