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Full year sales of $30.3 billion, GAAP EPS of $7.58.
January 26, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
3M reported its fourth-quarter and full-year 2015 results. Fourth-quarter GAAP earnings were $1.66 per share, a decrease of 8.3% versus the fourth quarter of 2014. Sales declined 5.4% year-on-year to $7.3 billion. Organic local-currency sales declined 1.1% while acquisitions, net of divestitures, added 1.5% to sales. Foreign currency translation reduced sales by 5.8% year-on-year. Full-year 2015 GAAP earnings were $7.58 per share, an increase of 1.2%, or up 3.1% excluding the fourth-quar...
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