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3M Reports 2Q 2020 Results

Operating cash flow of $1.9 billion is up 15% year-on-year; adjusted free cash flow was $1.5 billion, up 18% year-on-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

3M reported second-quarter 2020 results.   The COVID-19 pandemic continues to evolve and affect 3M’s businesses in a number of ways. During the second quarter, end-market demand remained strong in personal safety, home improvement, general cleaning, semiconductor, data center and biopharma filtration.   At the same time, several other end markets continued to experience significant weaknesses including healthcare elective procedures, automotive OEM and aftermarket, general industrial, co...

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