CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Forbo Presents 2029 Financial Targets At First Capital Markets Day

By Reuters News

Oct 21 (Reuters) - Forbo Holding AG FORN.S:

  • PRESENTS TRANSFORMATION ROADMAP AND 2029 FINANCIAL TARGETS AT ITS FIRST CAPITAL MARKETS DAY

  • TARGETS 3-5% AVERAGE ANNUAL NET SALES GROWTH AND EBIT MARGIN ABOVE 10% BY 2029

  • INTENDS TO MAINTAIN DIVIDEND PAYOUT RATIO OF 40%-50% OF PROFIT

Further company coverage: FORN.S

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk