3M Q1 adj EPS 2.39 usd, up 21%
Q1 sales 8.0 bln usd, down 0.3% (Il Sole 24 Ore Radiocor) - New York, 30 Apr - The US chemical and consumer goods group 3M said that in the first quarter of 2024 earnings per share fell 5% to 1.67 dollars and adjusted EPS rose 21% to 2.39 dollars.
Sales totalled 8.0 billion dollars, down 0.3%, with organic sales flat year on year.
Adjusted sales were up 0.5% with adjusted organic sales increase of 0.8% Adjusted operating income margin was 21.9%, an increase of 4.0 percentage points.
Operating cash flow and adjusted free cash flow stood at 0.8 billion dollars.
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(RADIOCOR) 30-04-24 12:57:44 (0414) 5 NNNN