3M earnings up in Q2

ST. PAUL, Minn. — 3M has posted Q2 earnings of $2.08 per share, an increase of 3% from the same period last year, meeting analysts’ expectations. Sales declined 0.3% to $7.7 billion. Operating income was $1.9 billion and operating income margins for the quarter were 24.4%, up 0.5 percentage points year over year. Net income was $1.3 billion. Sales in Latin America and Canada grew by 4.8%.