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3M Reports First-Quarter Financial Results of $8 Billion, Down Year-On-Year by 0.3%

3M’s first-quarter 2024 results are reported inclusive of the Health Care business segment, on the same basis on which 3M provided its first-quarter guidance. GAAP earnings per share were $1.67, down from $1.76 year-on-year. The GAAP operating income margin increased to 18.8%, from 15.4% Q1 2023. The adjusted operating income margin increased to 21.9% from […]

Sika Releases Financial Results of 2023 — Record Sales of CHF 11.24 Billion

In a year of high inflation, rising interest rates, and sharp currency depreciations, Sika was able to achieve record sales, amounting to CHF 11.24 billion (USD 13 billion) in 2023, equating to a rise of 7.1% in CHF. Almost all currencies depreciated considerably against the Swiss franc, which led to a negative currency effect of […]

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