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    Breaking News

    3M Reports Sales Information for Month of November 2020

    Through November, 3M has delivered fourth-quarter to-date total sales of $5.7 billion.

    3M Reports Sales Information for Month of November 2020
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    Printed Electronics Now staff12.21.20
    3M reported sales information for November 2020.
     
    Total sales for November increased 8% year-on-year to $2.9 billion.
     
    Organic local-currency sales (which include organic volume impacts and selling price changes) increased 7%, while divestitures decreased sales by 1%. Foreign currency translation increased sales by 2% year-on-year.
     
    Total sales increased 16 percent in both Safety and Industrial, and Consumer, while Health Care grew 5%, and Transportation and Electronics increased 3%. 
     
    Organic local-currency sales increased 15 percent in Consumer, 14 percent in Safety and Industrial, 7% in Health Care, and 1% in Transportation and Electronics.
     
    On a geographic basis, total sales increased 10% in EMEA (Europe, Middle East and Africa), 9% in the Americas, and 5% in Asia Pacific. 
     
    Organic local-currency sales increased 11% in the Americas (the U.S. increased 13%), 7% in EMEA, and were flat in Asia Pacific (China increased 13%, and Japan decreased 5%).
     
    Through November, 3M has delivered fourth-quarter to-date total sales of $5.7 billion. 
     
    Although significant macroeconomic uncertainty remains, with one month left in the quarter the company estimates its sales to be in the range of $8.2 to $8.4 billion for the fourth quarter.
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    • Breaking News | Displays and Lighting | Manufacturers News | Product Releases
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      There are multiple factors that are driving the adoption of many types of printed/flexible sensors.
      Dr. Matthew Dyson, IDTechEx 09.14.21


    • Breaking News | Displays and Lighting | Manufacturers News | Semiconductors and Quantum Dots
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