3M Fourth-Quarter Sales Increase 11 Percent and Earnings Increase 69 Percent
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3M increased its 2010 GAAP per-share earnings expectations to a range of $4.90 to $5.10 versus a prior expected range of $4.85 to $5.00. The company expects organic sales volumes to grow 5 to 7 percent and currency effects to add 1 to 2 percent to sales for the year.
About 3M
A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M’s core strength is applying its more than 40 distinct technology platforms–often in combination–to a wide array of customer needs. With $23 billion in sales, 3M employs 75,000 people worldwide and has operations in more than 65 countries.
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