US industrial conglomerate 3M warns of 'slow growth environment' in 2024

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US industrial conglomerate 3M on Wednesday warned of “a slow growth environment” next year and highlighted weakness in its electronics and consumer segments in the current and next quarters. The warning by the conglomerate comes months after it elevated its annual profit forecast in July. 3M, which manufactures electronic displays for smartphones and tablets, has been registering a considerable decline in US retailers’ inventories

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