CHICAGO (Reuters) -- 3M Co reported higher-than-expected quarterly results on Tuesday, lifted by a strong sales to the electronics industry.
The diversified manufacturer, which makes a variety of office, medical and industrial products, posted a fourth-quarter profit of $928 million, or $1.28 a share, compared with $935 million, or $1.30 a share, a year before.
The company said sales rose 9.6 percent to $6.7 billion.
Analysts, on average, had expected St. Paul, Minnesota-based 3M (MMM.NY)to report a profit of $1.27 a share on sales of $6.6 billion, according to Thomson Reuters I/B/E/S.
(Reporting by James B. Kelleher, editing by Gerald E. McCormick)
