Flexible Electronics News

3M Reports 1Q 2021 Results

Reports adjusted free cash flow of $1.4 billion, which was up 49% year-on-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

3M reported first-quarter 2021 results, featuring sales of $8.9 billion, up 9.6% year-on-year, as well as operating cash flow of $1.7 billion and adjusted free cash flow of $1.4 billion, which was up 49% year-on-year. “The first quarter was highlighted by broad-based organic growth, robust cash flow and a double-digit increase in earnings per share,” said Mike Roman, 3M chairman and CEO. “Our four industry-leading businesses are delivering strong results, while we accelerate 3...

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