Friday, January 31, 2014

3 m's profit sum $ 1.1 billion in the fourth quarter of 2013

NEW YORK-3 m co. reported on Thursday, 30, which had net income of $ 1.1 billion (US $ 1.62 per share) in the fourth quarter, 11% higher than the gain of $ 991 million ($ 1.41 per share) recorded in the same period in 2012. Sales rose 2.5 percent, to $ an extra 7.57 billion, while organic sales in local currency increased by 3.4%. Acquisitions increased sales by 0.7%.
Analysts queried by Thomson Reuters predicted earnings per share of $ 1.62 and revenue of $ 7.71 billion. Organic sales in local currency rose 2.2% 3 in Latin America and in Canada, and advanced 3.3% in the region of Asia and the Pacific, but not surpassed the growth registered in the u.s. and Europe. 3 m products include Scotch tape, Nexcare bandages and message blocks Post-it notes. Source: Dow Jones Newswires.
O Estado de São Paulo - 30/04/2014 News Item translated automatically
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