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Sales of $2.2 billion, down 20% year-on-year.
June 15, 2020
By: Anthony Locicero
Copy editor, New York Post
3M reported sales information for the month of May 2020. Total sales for May declined 20% year-on-year to $2.2 billion. Organic local-currency sales (which includes organic volume impacts and selling price changes) declined 21% while acquisitions, net of divestitures, increased sales by 2%. Foreign currency translation reduced sales by 1% year-on-year. Total sales declined 11% in Health Care, 12% in Consumer, 17% in Safety and Industrial, and 30% in Transportation and Electron...
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