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Press Releases

 

Earnings and Dividends

  • 5/5/10 9:43 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will participate in the following investor conferences: The Electrical Products Group 2010 Annual Conference on Tuesday, May 18, 2010, in Long Boat Key, Fla.- Patrick D. Campbell, senior vice president and chief financial officer and Joe E. Harlan, executive vice president, Consumer and Office Business, will speak at 7:30 a.m. ET. Sanford C. Bernstein’s 26th Annualmore...
  • 4/27/10 6:30 am CDT

    -- Company Raises 2010 Sales and Earnings Expectations --

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported first-quarter earnings of $1.29 per share on sales of $6.3 billion. Operating income margins were 22.8 percent, up 7 percentage points year-on-year. Sales and per-share earnings increased 24.7 percent and 74.3 percent, respectively, versus the first quarter of 2009. Each of the company’s six business segments posted double-digit sales growth and 20 percent-plus operating income margins. Sales growth wasmore...
  • 3/26/10 2:17 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M Company (NYSE: MMM) said today that it expects to record a one-time non-cash charge of $85 to $90 million after tax, or approximately 12 cents per share, in the first quarter of 2010, resulting from the recently enacted Patient Protection and Affordable Care Act, including modifications made in the Health Care and Education Reconciliation Act of 2010 passed by Congress on March 25, 2010. The charge is due to a reduction in the value of themore...
  • 3/24/10 11:17 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its first-quarter 2010 earnings conference call on Tuesday, April 27, 2010, at 8 a.m. Central time. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com, for one week following the call. About 3MA recognized leader in research and development, 3M produces thousands of innovative products for dozens of diversemore...
  • 2/9/10 4:23 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of 52.5 cents per share for the first quarter of 2010, a 3 percent increase over the quarterly dividend paid in 2009. The dividend is payable on March 12, 2010, to shareholders of record at the close of business on February 19, 2010. This marks the company’s 374th consecutive quarterly dividend. “We are pleased to raise our dividend againmore...
  • 1/28/10 6:30 am CST

    - Company Raises 2010 Earnings Expectations -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported fourth-quarter earnings of $1.30 per share on sales of $6.1 billion, with operating income margins of 21.9 percent (a). Sales and per-share earnings increased 11.1 percent and 69 percent year-on-year, respectively. Excluding special items (b-g) in the fourth quarter of 2008, fourth-quarter 2009 per-share earnings rose 34 percent. Profits grew at double-digit rates in each of the company’s six business segments andmore...
  • 12/22/09 5:16 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it will webcast its fourth-quarter 2009 earnings conference call on Thursday, Jan. 28, 2010, at 8 a.m. Central time. Investors can access the webcast on the Internet at http://investor.3M.com. A replay will be available at http://investor.3M.com, for one week following the call. About 3M A recognized leader in research and development, 3M produces thousands of innovative products formore...
  • 11/10/09 8:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE:MMM) declared a dividend on the company’s common stock of 51 cents per share for the fourth quarter of 2009, payable Dec. 12, 2009, to shareholders of record at the close of business on Nov. 20, 2009. This cash dividend is the 373rd consecutive quarterly dividend paid by 3M. As of Sept. 30, 2009, 3M had 707,958,268 common shares outstanding and 113,146 shareholders of record. About 3Mmore...
  • 10/22/09 6:30 am CDT

    - Company Again Raises Sales and Earnings Outlook on Positive Sequential Growth -

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced third-quarter earnings of $1.35 per share on sales of $6.2 billion, with operating income margins of 23.9 percent (a). Sales and per-share earnings declined 5.6 percent and 4.3 percent year-on-year, respectively. On a sequential basis, sales and per-share earnings increased 8.3 percent and 20.5 percent, respectively, and operating income margins improved by 3.1 percentage points versus second quarter levels. Freemore...
  • 10/5/09 10:38 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced dates for the following events: 3M’s third-quarter 2009 earnings conference call will take place on Thursday, October 22, 2009, at 8 a.m. CT (9 a.m. ET). 3M will participate in the Goldman Sachs Global Industrials Conference 2009 on Thursday, November 5, 2009, in New York City. Patrick D. Campbell, senior vice president and chief financial officer, will speak at 7:45 a.m. CTmore...