In the Q3, 3m Company's corporate clients experienced a reduction by -4.5 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 6.45 %. During the corresponding time, 3m Company recorded a revenue increase by 1.03 % year on year, sequentially revenue grew by 1.29 %. While revenue at the 3m Company's corporate clients recorded rose by 15.09 % year on year, sequentially revenue grew by 7.24 %.
Customers of 3m Company saw their costs of revenue decrease by -4.5 % in Q3 compare to a year ago, sequentially costs of revenue grew by 6.45 %, for the same period 3m Company recorded revenue increase by 1.03 % year on year, sequentially revenue grew by 1.29 %.
3M products are sold through numerous distribution channels, including directly
to users and through numerous wholesalers, retailers, jobbers, distributors and
dealers in a wide variety of trades in many countries around the world. Management
believes the confidence of wholesalers, retailers, jobbers, distributors and dealers
in 3M and its products ? a confidence developed through long association with
skilled marketing and sales representatives ? has contributed significantly to
3M?s position in the marketplace and to its growth.
3m’s Comment on Sales, Marketing and Customers
3M products are sold through numerous distribution channels, including directly
to users and through numerous wholesalers, retailers, jobbers, distributors and
dealers in a wide variety of trades in many countries around the world. Management
believes the confidence of wholesalers, retailers, jobbers, distributors and dealers
in 3M and its products ? a confidence developed through long association with
skilled marketing and sales representatives ? has contributed significantly to
3M?s position in the marketplace and to its growth.
Sources:
3m Company’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: 3m Company’s corporate clients.
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