quarter after quarter the direction of St. Paul is presenting the only people who are precious in his eyes: financial analysts on Wall Street's financial results. Since only those they have (the results and analysts / shareholders). As usual these results are remarkable because the turnover has increased 15% and profitability increased by over 25%. 3M and then deliver the 52 th consecutive year a dividend to its shareholders impressive.
"3M made great progress in 2010 As We Achieved record sales and earnings per share for the Year, and made" significant Investments to Improve Long-term Growth, "Said George W. Buckley, Chairman of the Board, President and CEO.
See here the many newspaper articles that talk about the new obs and there and 3M internal link source
These results clearly contrasted with the results of wage negotiations in early January. ; It is far from the redistribution of profits 1 / 3, 1 / 3, 1 / 3. Remember the promises of the president: one third for employees, a third for investment, a third shareholder. 3M France envelope projected increase is just 1.5 € million on the production sites investments are minimized while the portion that was returned directly to shareholders exceeds € 200 million (over 2-3 years). Gone are the third, third, third. With this mining capital of that company and we are on the 1% for the employee, 4% to make it last longer and machinery and 95% for shareholders.
It speaks well of mining enterprises its as it is to use the dregs (ie the health of employees) an enterprise or institution. Once the wealth extracted is closed, it drowns or is blocked again and we'll drill elsewhere.
The only thing that is properly and increases the value of the shares given to the Directors JOB GROUP 14 and older. Thus one way to buy their loyalty, their docility and FLEXIBILITY.
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