Forbo Holding AG

Equities

FORN

CH0003541510

Construction Supplies & Fixtures

Market Closed - Swiss Exchange Other stock markets 11:30:02 2024-05-17 am EDT			5-day change	1st Jan Change
1,086 ^CHF	+0.56%		-0.37%	+3.04%

Mar. 05	Swiss Market Index Closes in Red; Lindt FY23 Results Beat	MT
Mar. 05	Forbo Posts Higher FY23 Attributable Profit; Net Sales Down	MT

Forbo Holding AG Appoints Stephan Bauer as the New CEO and Chair of the Executive Board, Effective January 1, 2014

March 18, 2013

The Board of Directors of Forbo Holding AG appointed Mr. Stephan Bauer as the new CEO and Chair of the Executive Board of the Forbo Group with effect from January 1, 2014. Since 2008, Stephan Bauer has been the CEO of the globally operating Business Unit Control Products and Systems of the Siemens Building Technology Division. He will join Forbo in the fall of 2013.

Latest news about Forbo Holding AG

Swiss Market Index Closes in Red; Lindt FY23 Results Beat	Mar. 05	MT
Forbo Posts Higher FY23 Attributable Profit; Net Sales Down	Mar. 05	MT
Forbo Holding AG Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 03	CI
Forbo Vice Chairman to Step Down	Nov. 24	MT
Forbo Holding Ag Announces Peter Altorfer Will Not Be Standing for Re-Election to the Board of Directors	Nov. 24	CI
Switzerland's Forbo Forecasts Lower FY23 Sales	23-10-25	MT
Research Partners Lifts Price Target on Forbo, Maintains Buy Recommendation	23-08-04	MT
Bank Vontobel Lowers Price Target on Forbo, Maintains Buy Recommendation	23-08-01	MT
Kepler Cheuvreux Lowers Price Target on Forbo, Maintains Hold Recommendation	23-07-31	MT
Forbo Books Lower H1 Attributable Profit, Sales	23-07-28	MT
Forbo Holding AG Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-28	CI
Kepler Cheuvreux Lifts Price Target on Forbo, Maintains Hold Recommendation	23-03-15	MT
Research Partners Lifts Price Target on Forbo, Maintains Buy Recommendation	23-03-07	MT
Credit Suisse Lifts Price Target on Forbo, Maintains Neutral Recommendation	23-03-07	MT
Forbo Holding AG Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-02	CI
Forbo Posts Lower FY22 Group Profit	23-03-02	MT
Forbo Holding AG Proposes Dividend for the Year 2022	23-02-28	CI
Forbo Said to Keep Russia Business; Holcim's Former Unit Reportedly Becomes Target of Criminals	23-02-19	MT
Bank Vontobel Lowers Price Target on Forbo, Maintains Buy Recommendation	23-01-18	MT
Forbo Flags Decline in FY22 Profit, EBIT Despite Sales Growth	23-01-17	MT
Kepler Cheuvreux Lowers Price Target on Forbo, Downgrades Recommendation to Hold From Buy	22-12-01	MT
Credit Suisse Lowers Price Target on Forbo, Maintains Neutral Recommendation	22-11-30	MT
Stifel Lowers Price Target on Forbo, Downgrades Recommendation to Hold From Buy	22-11-29	MT
Bank Vontobel Lowers Price Target on Forbo, Maintains Buy Recommendation	22-11-29	MT
Forbo CEO To Leave Over Disagreements With Board; Successor Named	22-11-27	MT

Chart Forbo Holding AG

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Company Profile

Forbo Holding AG is Switzerland-based producer of floor coverings, adhesives, power transmission and conveyor belt solutions. It operates in three business divisions: Flooring Systems, Bonding Systems and Movement systems. The Flooring Systems division offers environmentally friendly linoleum, vinyl floorings, entrance flooring systems and carpet tiles. The Bonding Systems division concentrates on industrial adhesive products, ready-made adhesives and synthetic polymers used in the paper processing, packaging and the furniture industry. The Movement Systems division offers power transmission belts, conveyor and processing belts, as well as plastic modular, timing and flat belts made of synthetic materials. Its beltings are sold under the Siegling brand. It operates though numerous subsidiaries located in Australia, Canada, Japan, India, Finland and Denmark, among others.

Sector

Construction Supplies & Fixtures

Calendar

2024-07-25 - Q2 2024 Earnings Release

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Income Statement Evolution

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Ratings for Forbo Holding AG

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1,080 CHF

Average target price

1,154 CHF

Spread / Average Target

+6.88%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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