3M reports 9 percent sales increase

Doug Hanneman — Fri, 25 Apr 2008 16:48:11 -0500

3M’s international subsidiaries helped the company increase revenues by 8.9 percent during its most recent fiscal quarter.

On Thursday it reported first-quarter sales of $6.5 billion. Net income was $988 million, or $1.38 per share, versus $1.4 billion, or $1.85 per share during the first quarter of 2007.

The company operates its largest North American plant in Hutchinson, where it employs approximately 1,500 workers.

Hutchinson Leader - 3M reports 9 percent sales increase - Comments

3M reports 9 percent sales increase