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Re: DewDiligence post# 457

Monday, 12/14/2020 8:37:11 AM

Monday, December 14, 2020 8:37:11 AM

Post# of 661
3M November sales +7% YoY on organic basis:

https://www.sec.gov/Archives/edgar/data/66740/000110465920135059/tm2038405d1_ex99.htm

Total sales for November increased 8 percent year-on-year to $2.9 billion. Organic local-currency sales (which include organic volume impacts and selling price changes) increased 7 percent [YoY], while divestitures decreased sales by 1 percent. Foreign currency translation increased sales by 2 percent year-on-year.

… Through November, 3M has delivered fourth-quarter to-date total sales of $5.7 billion. Although significant macroeconomic uncertainty remains, with one month left in the quarter the company estimates its sales to be in the range of $8.2 to $8.4 billion for the fourth quarter.

3M began monthly sales reporting at onset of the COVID pandemic to assist investors during a period of increased business uncertainty.

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