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Forbo Holding AG(FORN)

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.


Keywords: Supply Chain Management Manufactured Goods Freight Transport Food Industry Material Handling Equipment Healthcare Facilities Forbo Holding Ag

Home Page: www.forbo.com

Lindenstrasse 8
Baar, 6340
Switzerland
Phone: 41 58 787 25 25


Officers

Name Title
Mr. This E. Schneider Exec. Chairman
Mr. Jean-Michel Wins Exec. VP/Head of Flooring Systems & Member of Exec. Board
Mr. Michael Schumacher CEO & Chairman of the Exec. Board
Mr. Andreas Jaeger CFO & Member of the Exec. Board
Mr. Marc Deimling Exec. VP of Movement Systems & Member of Exec. Board
Mr. Urs Christen Head of Corp. Devel. & Investor Relations
Ms. Karin Marti Head of Corp. Communications
Ms. Nicole Graf Häfeli Sec. of the Board

Exchange: SW

Country: CH

Currency: Swiss Franc (CHF)

Forward PE: 11.6822
Trailing PE: 12.4226
Price-to-Book MRQ: 2.7673
Price-to-Sales TTM: 1.1459
IPO Date:
Fiscal Year End: December
Full Time Employees: 5736
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