Strong organic sales growth – Significant increase in operating profit – Double-digit increase in Group profit – Balance sheet remains robust – Raise of dividend by more than 10 percent
Forbo maintained its strong organic growth in 2018 amid challenging market conditions. It generated net sales of CHF 1,327.0 million (previous year: CHF 1,246.4 million), representing a gain of 6.5%; this is reflected in a sales increase of 5.0% in local currencies, driven by slightly positive currency effects. Group operating profit (EBIT) increased by 7.3% to CHF 175.3 million (previous year before one-off costs: CHF 163.3 million). Group profit from continuing operations rose by 14.9% to CHF 137.6 million (previous year before one-off costs: CHF 119.8 million).