3M cuts guidance; sales fall on currency impacts

20:19 PM | October 23, 2012 | Vincent Valk

3M’s third-quarter net income rose 6.7% year-on-year (YOY), to $1.16 billion, on sales down 0.4%, to $7.5 billion. Sales were up 2.2% in local currencies, but currency impacts reduced sales by 3.1%...