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Sales of $8.9 billion, up 24.7% year-on-year, with adjusted free cash flow of $1.6 billion, up 2% year-on-year.
July 28, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
3M reported second quarter 2021 results and updated its 2021 full-year outlook. Sales grew 24.7% year-on-year to $8.9 billion in 2Q 2020. Organic local-currency sales increased 21.4% while divestitures decreased sales by 0.7%. Foreign currency translation increased sales by 4.0% year-on-year. Total sales grew 28.1% in Transportation and Electronics, 24.9% in Health Care, 22.4% in Safety and Industrial, and 20.4% in Consumer. Organic local-currency sales increased 24.2% in Transportation and El...
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