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WELCOME TO THE MEDIA CENTER

Our information policy

Forbo ensures periodic and comprehensive communication with shareholders, the capital markets, media and the public by reporting on business developments and activities of relevance to the company.

Shareholders receive summary reports on the financial year and Half-Year Reports. The Half-Year Report is available in printed form and from our website, as are all other published documents. The Ordinary General Meeting is an additional information platform.

Tablet with Forbo media notice on screen.

Here you will find all media releases for 2015

18/08/2015 – Media release to the 2015 Half-Year Report

Swiss franc severely impacts sales and earnings in corporate currency – Sales in local currencies slightly higher – Currency-adjusted operating profit above previous year – Group profit for 2015 in Swiss francs expected to be slightly lower than previous year

The Forbo Group – a leading manufacturer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions – reported net sales of CHF 554.8 million in the first half of 2015 (prior-year period: CHF 603.0 million). In local currencies, this is equivalent to organic growth of 0.7%, however, translated into Swiss francs it represents a decline of 8.0%. Negative currency effects had a significant impact on both sales and earnings. Operating profit (EBIT) decreased by 11.3% to CHF 57.9 million (prior-year period: CHF 65.3 million). Adjusted for currency effects, however, it rose by 3.7%. The EBIT margin came to 10.4% (prior-year period: 10.8%). Group profit from continuing operations amounted to CHF 45.8 million (prior-year period: CHF 53.6 million), which is equivalent to a decline of 14.6%. After adjustment for currency effects, it reached the previous year's level despite lower financial income.

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  • Press release half year report 18.08.2015

    Media release
    18.08.2015

  • Forbo Half-Year-Report 2015 (PDF)

    Half-Year Report
    2015

24/04/2015 – Forbo shareholders approve all proposals of the Board of Directors

The shareholders of Forbo Holding Ltd approved by a large majority all the proposals submitted by the Board of Directors to the 87th Ordinary General Meeting in Zug. The payment of a dividend of CHF 16 per share from the capital contribution reserve will take place as of May 4, 2015. The dividend is exempt from withholding tax.

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  • Press release 24.04.2015 EN

    Media release
    24.04.2015

23/04/2015 – Forbo completes current share buyback program

In connection with the current share buyback program, Forbo Holding Ltd successfully repurchased 160,000 shares as per April 23, 2015.

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  • Press release April 2015 En

    Media release
    23.04.2015

17/03/2015 – Media release on the 2014 business year

Sales well above previous year – Strong operating profit – A further double-digit increase in Group profit – Earnings per share significantly increased – Increase in tax-exempt distribution to CHF 16 per share

Forbo remains on course for success in 2014. In the year under review, Forbo generated net sales of CHF 1,226.8 million (previous year: CHF 1,199.7 million). This gratifying performance is equivalent to an increase of 4.6% in local currencies, though it comes to 2.3% when calculated in the corporate currency owing to negative currency effects. Forbo again reported double-digit growth both in Group operating profit (EBIT) and in Group profit from continuing operations. EBIT rose by 10.1% to CHF 149.4 million (previous year: CHF 135.7 million), while Group profit from continuing operations was up by 12.0% to CHF 123.4 million (previous year: CHF 110.2 million). Earnings per share increased by 16.4%.

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  • Press release March 2015

    Media release
    17.03.2015

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