Health care sales were strong with 25.5% growth, while safety and industrial group sales of $3 billion were up 6.9%.
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3M reports that sales increased 4% in the Americas and 7% in EMEA (Europe, Middle East and Africa) last month as the company continued its post-pandemic momentum.
August has brought some more good news to the U.S. economy in general and distribution in general based on the latest round of data reports showing continued momentum, but the industry has plenty of work yet to complete.
Sales increase 10% in the Americas as 3M appears to have turned a corner related to uncertainty surrounding the COVID-19 pandemic.
Jeffrey R. Lavers has been appointed executive vice president, Consumer Business Group, replacing Paul Keel.
The company withdrew its full-year 2020 outlook on April 28, 2020, due to the uncertain impact of the COVID-19 pandemic and committed to provide monthly updates until it is better able to forecast future performance.
Safety and Industrial group sales of $2.9 billion were down 1% in U.S. dollars.
Diversified manufacturer facing 'different market realities.'
On an organic local-currency basis, sales decreased 0.2 percent for the diversified manufacturer.
Company names executive vice presidents of health care and consumer business groups.
Industrial segment sales fell 3 percent for the diversified manufacturer.
