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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 2017

15/11/2017 – Share buyback offer at a fixed price

The Board of Directors of Forbo Holding Ltd has decided to repurchase up to a maximum of 90,000 of its registered shares (5% of the share capital) at a fixed price of CHF 1,430 per registered share.

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  • Media release 15.11.2017

    Media release
    15.11.2017

19/10/2017 – Flooring Systems anti-trust proceedings in France concluded

The anti-trust proceedings targeting leading flooring systems manufacturers in France, which has been ongoing since 2013, has now been concluded.

The one-time costs that will incur for Forbo will be € 75 million. As a precaution, Forbo made a provision of CHF 85 million against its 2017 half-year operating profit.
Adjusted for this extraordinary effect, Forbo confirms its positive guidance made in its 2017 half-year report. The Forbo Group’s operating power will thus not be negatively affected.

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  • Media release 19.10.2017

    Media release
    19.10.2017

08/08/2017 – Forbo successfully completes sale of treasury shares

Forbo successfully sold 63,000 treasury shares at a price of CHF 1,450 per share via an accelerated bookbuilding. The gross proceeds to Forbo amount to about CHF 91 million.

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  • Media release 08.08.2017

    Media release
    08.08.2017

07/08/2017 – Forbo launches sale of treasury shares

Forbo intends to sell 63,000 treasury shares by way of an accelerated bookbuilding starting immediately. Forbo’s anchor shareholder and member of the Board of Directors, Michael Pieper, as well as Forbo’s Executive Chairman, This E. Schneider, committed to purchase all shares in case the shares are not sold to other investors.

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  • Media release 07.08.2017

    Media release
    07.08.2017

28/07/2017 – Media release to the 2017 Half-Year Report

Solid sales growth in local currencies – Operating and Group profit before one-off costs higher than prior year – Provision for ongoing antitrust proceedings at Flooring Systems in France impacts result – Guidance before one-off costs for 2017 confirmed – Sale of treasury shares for tax law-related reasons

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 606.3 million in the first half of 2017 (prior-year period: CHF 590.9 million). In local currency terms, this equates to a growth of 4.1% (+2.6% in the corporate currency). Operating profit (EBIT) before one-off costs rose by 5.6% to CHF 67.9 million (prior-year period: CHF 64.3 million). The EBIT margin before one-off costs improved to 11.2% (prior-year period: 10.9%). Forbo increased Group profit from continuing operations before one-off costs by 4.3% to CHF 53.9 million (prior-year period: CHF 51.7 million). A provision for one-off costs for the antitrust proceedings at Flooring Systems in France has impacted the operational result.

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  • Media release 28.07.2017

    Media release
    28.07.2017

20/07/2017 – Antitrust proceedings Forbo Flooring Systems France

Antitrust proceedings against Forbo Flooring Systems in France – One-off provision made

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  • Media release 20.07.2017

    Media release
    20.07.2017

22/06/2017 – Change on the Forbo Executive Board

Matthias P. Huenerwadel, Executive Vice President Flooring Systems, will leave Forbo at the end of 2017 after twelve years on the Executive Board. Jean-Michel Wins, who is currently Executive Vice President Movement Systems, will succeed him in January 2018. The new Executive Vice President Movement Systems is Marc Richard Deimling who will join Forbo in January 2018.

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  • Media Release 22.06.2017

    Media release
    22.06.2017

06/04/2017 – Information on the 2017 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 89th Ordinary General Meeting in Cham by a large majority. A dividend of CHF 19 per share will be paid out as of April 12, 2017.

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  • Media release 06.04.2017

    Media release
    06.04.2017

07/03/2017 – Media release on the 2016 business year

Solid sales growth in both divisions – Double-digit growth in operating profit – Further increase in operating margins – Double-digit rise in Group profit – Significant increase in earnings per share – Dividend increased to CHF 19 per share

Forbo performed well in 2016 amid challenging market conditions, generating net sales of CHF 1,185.5 million (previous year: CHF 1,139.1 million), representing an increase of 4.1%. Due to positive currency effects, this equates to a sales increase of 3.5% in local currencies. Group operating profit (EBIT) rose considerably by 10.1% to CHF 157.2 million (previous year: CHF 142.8 million), and Group profit from continuing operations was up by a gratifying 10.3% to CHF 127.6 million (previous year: CHF 115.7 million). Earnings per share increased significantly by 20.1% to CHF 74.66 (previous year: CHF 62.14).

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  • Media release 07.03.2017

    Media release
    07.03.2017

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