Flexible Electronics News

3M Reports Sales Information for April 2020

Total sales for April declined 11% year-on-year to $2.3 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

3M reported sales information for the month of April 2020. The company withdrew its full-year 2020 outlook on April 28, 2020, due to the uncertain impact of the COVID-19 pandemic, and committed to provide monthly updates until it is better able to forecast future performance. Total sales for April declined 11% year-on-year to $2.3 billion. Organic local-currency sales (which includes organic volume impacts and selling price changes) declined 12% while acquisitions, net of divestitures, increase...

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