3 m lowers global growth forecast to 2016

During the dissemination of the results of the second quarter of the year, 3 m announced that it is reviewing the prospect of global growth to 2016. The forecast is that the recipe be stable or go up just 1%. Before, the projection was 1% organic high to 3%.
The reason for the revision was the poor performance of the Electronics Division in the early months of this year. In the second quarter, the decline was 10 percent. Already the industrial division was stable (global data), with positive variation of 0.1%.
Overall net revenue between April and June came in at $ 7.66 billion, representing slight growth of 0.3%. Net income attributable to the controllers, in turn, retreated 0.7 percent, reaching $ 1.29 billion.