Trade Forbo Holding AG - FORN CFD

Forbo Company profile

About Forbo Holding AG

Forbo Holding AG is Switzerland-based producer of floor coverings, adhesives, power transmission and conveyor belt solutions. It operates in three business divisions: Flooring Systems, Bonding Systems and Movement systems. The Flooring Systems division offers environmentally friendly linoleum, vinyl floorings, entrance flooring systems and carpet tiles. The Bonding Systems division concentrates on industrial adhesive products, ready-made adhesives and synthetic polymers used in the paper processing, packaging and the furniture industry. The Movement Systems division offers power transmission belts, conveyor and processing belts, as well as plastic modular, timing and flat belts made of synthetic materials. Its beltings are sold under the Siegling brand. It operates though numerous subsidiaries located in Australia, Canada, Japan, India, Finland and Denmark, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Forbo Holding AG revenues increased 12% to SF1.25B. Net income increased 33% to SF141.2M. Revenues reflect Flooring systems segment increase of 13% to SF851.8M, Movement systems segment increase of 12% to SF402.2M, Rest of Europe segment increase of 20% to SF174.2M, Americas segment increase of 12% to SF254.3M.

Equity composition

12/2004, Rights Issue, 1 new share for every 1 share held @ CHF 150; 1,356,576 additional shares (Factor: 1.340659). *Financials unadjusted.* 07/2007, Capital repayment of CHF 6 and nominal value changed from CHF 20.