3M Co. (MMM) Tops Q2 EPS by 2c; Trims FY15 EPS Midpoint Outlook

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Go back to 3M Co. (MMM) Tops Q2 EPS by 2c; Trims FY15 EPS Midpoint Outlook

3M Announces Second-Quarter Results; Company Delivers Sales of $7.7 Billion and All-Time Record Earnings of $2.02 per Share

July 23, 2015 7:30 AM EDT

Second-Quarter Highlights:

Operating income margins of 23.9 percent, up 1.1 percentage points year-on-year Organic local-currency sales growth of 1.8 percent, positive across all geographic areas Returned $2.3 billion to shareholders via dividends and gross share repurchases Announced acquisition of Capital Safety, a leading global provider of fall protection equipment, for a total enterprise value of $2.5 billion

ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported second-quarter earnings of $2.02 per share, an increase of 5.8 percent versus the second quarter of 2014. Sales... More