Strong rise in sales amid mixed market conditions – Operating profit before one-off costs once more increased – Group profit strongly impacted by one-off costs – Significantly higher investments – Balance sheet remains robust – Dividend of CHF 19 per share
In 2017, Forbo raised sales significantly despite mixed market conditions, generating net sales of CHF 1,246.4 million (previous year: CHF 1,185.5 million) which represents an increase of 5.1%, or 4.3% in local currencies, due to slightly positive currency effects. Group operating profit (EBIT) – before one-off costs in connection with the antitrust proceedings against Flooring Systems in France – rose by 3.9% to CHF 163.3 million (previous year: CHF 157.2 million). Factoring in one-off costs, EBIT came to CHF 79.9 million. Group profit from continuing operations before one-off costs declined due to special tax effects by CHF 7.8 million to CHF 119.8 million (previous year: CHF 127.6 million).