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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 2016

30/11/2016 – Urs Uehlinger appointed new CFO

The Board of Directors of Forbo Holding Ltd has appointed Urs Uehlinger as the new Chief Financial Officer and member of the Forbo Group Executive Board. He will take up his new appointment in the spring of 2017.

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  • Media release 30.11.2016

    Media release
    30.11.2016

16/08/2016 – Media release to the 2016 Half-Year Report

The Forbo Group – a leading manufacturer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions – increased its net sales by 6.5% to CHF 590.9 million in the first half of 2016 (prior-year period: CHF 554.8 million). Operating profit (EBIT) rose by 11.1% to CHF 64.3 million (prior-year period: CHF 57.9 million). The EBIT margin improved to 10.9% (prior-year period: 10.4%). Group profit from continuing operations rose by 12.9% to CHF 51.7 million (prior-year period: CHF 45.8 million).

The Forbo Group can look back on a successful first half of 2016 on the whole. Both divisions – but in particular the positive development of Flooring Systems – contributed to this success. The ongoing expansion of the product portfolio coupled with targeted optimization measures along the value chain is paying off. Driven by the steady expansion of its distribution and sales structure, Movement Systems again increased sales, which have risen continuously in recent years, and improved earnings.

When the results in local currency were translated into the corporate currency, the currency exchange situation produced a slightly positive currency effect compared with the first half of 2015.

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  • Media release 16.08.2016

    Media release
    16.08.2016

  • Forbo Half-Year-Report 2016

    Half-Year Report
    2016

19/05/2016 – Forbo CFO to take time-out in summer 2017

After 15 years of working as a CFO, Andreas Spreiter plans to take an extended career break in the summer of 2017.

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  • Media release 19.05.2016

    Media release
    19.05.2016

29/04/2016 – Media release on the 2016 Ordinary General Meeting

Forbo shareholders approve all proposals of the Board of Directors

The shareholders of Forbo Holding Ltd approved all the proposals submitted by the Board of Directors to the 88th Ordinary General Meeting in Zug by a large majority. Payment of the tax-exempt dividend of CHF 17 per share from the capital contribution reserve will take place as of May 6, 2016.

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  • Media release 29.04.2016

    Media release
    29.04.2016

15/03/2016 – Media release on the 2015 business year

Sales in local currencies slightly higher – Currency-adjusted earnings slightly higher year-on-year – Operating profit margins up – Currency-adjusted Group profit just above previous year – Earnings per share increased once again – Increase in tax-free cash distribution to CHF 17 per share

The strong Swiss franc provided a major challenge for Forbo in the 2015 business year. In the year under review, the Forbo Group reported net sales of CHF 1,139.1 million (previous year: CHF 1,226.8 million), a gain of 1.1% in local currencies. Owing to the very negative currency effects, this is equivalent to a decline of 7.1% in the corporate currency. Group operating profit (EBIT) declined by 4.4% to CHF 142.8 million (previous year: CHF 149.4 million), and Group profit from continuing operations was down by 6.2% to CHF 115.7 million (previous year: CHF 123.4 million). Currency-adjusted, both EBIT and Group profit showed a slight increase compared with the previous year. Earnings per share rose by 0.4% to CHF 62.14 (previous year: CHF 61.92).

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  • Media release 15.03.2016

    Media release
    15.03.2016

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