3M posts 7% rise in third-quarter revenue

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Oct 26, 2021

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October 26, 2021

(Reuters) – Diversified manufacturer 3M Co posted a 7.1% rise in third-quarter revenue on Tuesday, boosted by higher demand for its consumer as well as safety and industrial products. Net income attributable to the company rose marginally to $1.434 billion, or $2.45 per share, in the quarter ended Sept. 30, from $1.430 billion, or $2.45 per share, a year earlier.

Net sales rose to $8.94 billion from $8.35 billion a year earlier.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Ramakrishnan M.)

Source Link 3M posts 7% rise in third-quarter revenue

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.

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