FILE PHOTO: The 3M logo is pictured on products at an Orchard Supply Hardware store in Pasadena, California U.S., January 24, 2017. REUTERS/Mario Anzuoni
October 24, 2019
(Reuters) – 3M Co <MMM.N>, the maker of Scotch tape and Post-it notes, reported a 2% fall in quarterly revenue and lowered its full-year earnings outlook, hurt by slowing demand for its products in key markets such as China.
Net income attributable to the company rose to $1.58 billion, or $2.75 per share, in the third quarter ended Sept. 30, from $1.54 billion, or $2.64 per share, a year ago, helped by a gain from a divestiture.
Net sales fell to $7.99 billion from $8.15 billion.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Shinjini Ganguli)
