3M Reports Record Fourth-Quarter and Full-Year Sales
Four-quarter sales reach $7.4 billion, with full-year sales at a record $29.9 billion.
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Full-year 2012 earnings were $6.32 per share, an increase of 6.0 percent. Operating margins were 21.7 percent and return on invested capital was 20 percent.
"Fourth-quarter was a good finish to a successful year for 3M," said Inge G. Thulin, 3M chairman, president and chief executive officer. "Our people executed well in the face of challenging macroeconomic conditions and we have built good momentum to innovate and move forward in 2013."
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