Forbo Holding AG

Swiss Stock Exchange FORN.SW

Forbo Holding AG Net Income for the year ending December 31, 2023: USD 121.51 M

Forbo Holding AG Net Income is USD 121.51 M for the year ending December 31, 2023, a 10.81% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Forbo Holding AG Net Income for the year ending December 31, 2022 was USD 109.65 M, a -29.15% change year over year.
  • Forbo Holding AG Net Income for the year ending December 31, 2021 was USD 154.77 M, a 29.01% change year over year.
  • Forbo Holding AG Net Income for the year ending December 31, 2020 was USD 119.96 M, a -15.97% change year over year.
  • Forbo Holding AG Net Income for the year ending December 31, 2019 was USD 142.77 M, a 2.23% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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SV Wall Street
Swiss Stock Exchange: FORN.SW

Forbo Holding AG

CEO Mr. Jens Fankhanel
IPO Date May 16, 1995
Location Switzerland
Headquarters Lindenstrasse 8
Employees 5,244
Sector Materials
Industries
Description

Forbo Holding AG produces and sells floor coverings, building and construction adhesives, and power transmission and conveyor belt solutions in Switzerland and internationally. The company operates through two divisions, Flooring Systems and Movement Systems. The Flooring Systems division develops, produces, and sells linoleum, vinyl floorings, entrance flooring systems, carpet tiles, needle felt floor coverings, washable textile floorings, and building and construction adhesives, as well as various accessory products for laying, processing, cleaning, and care of flooring. This division also provides ready-made adhesives for floor covering installations, parquet flooring, and ceramic tiles, as well as leveling compounds for the construction industry and liquid floors under the trade name of Eurocol. Its products are used in public buildings, department stores, hospitals and other healthcare facilities, schools, libraries, commercial and office spaces, leisure centers, shops, hotels, restaurants, and cafeterias; as well as for applications in the residential market. The Movement Systems division offers conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts under the Siegling brand name. Its products are used in various applications in industry, trade, and the service sector, including conveyor and processing belts in the food industry; treadmill belts in fitness studios; and flat belts in mail distribution centers. The company was founded in 1928 and is headquartered in Baar, Switzerland.

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StockViz Staff

February 6, 2025

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