News
3M Reports Rise in 4th-Quarter Sales
January 25, 2022
3M has reported fiscal-fourth-quarter sales of US$8.6 billion, up 0.3% year-on-year.
Sales in the company’s health care division increased 0.7% to $2.3 billion and its consumer division saw an 4.1% bump in sales to $1.5 billion. 3M’s safety and industrial division reported sales of $3.1 billion, a dip of 2.2% while sales in the company’s transportation and electronics division were down 1.5% to $2.3 billion.
“3M delivered a solid fourth-quarter performance—with notable strength in December—as we maintained our relentless focus on serving customers in a challenging external environment,” said Mike Roman, 3M CEO. “Our team effectively managed supply chain disruptions, made good progress on pricing actions, and controlled costs.”
About 3M
With global sales of US$25 billion, 3M is a leading producer of thousands of products ranging from chemicals, filtration systems, and safety and protection equipment to office, graphics, and health care equipment. For more information, visit www.3m.com.
