Edition:
United States

Forbo Holding AG (FORN.S)

FORN.S on Swiss Exchange

1,714.00CHF
4:45am EDT
Change (% chg)

CHF5.00 (+0.29%)
Prev Close
CHF1,709.00
Open
CHF1,736.00
Day's High
CHF1,736.00
Day's Low
CHF1,712.00
Volume
268
Avg. Vol
2,909
52-wk High
CHF1,799.00
52-wk Low
CHF1,318.00

Latest Key Developments (Source: Significant Developments)

Forbo Holding Reports FY Net Sales Of CHF 1,327 Million
Monday, 4 Mar 2019 11:00pm EST 

March 4 (Reuters) - Forbo Holding AG ::FY NET SALES OF CHF 1,327.0 MILLION (PREVIOUS YEAR: CHF 1,246.4 MILLION).FY GROUP PROFIT FROM CONTINUING OPERATIONS ROSE BY 14.9% TO CHF 137.6 MILLION.RAISE OF DIVIDEND BY MORE THAN 10 PERCENT.FY UNDILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS ROSE BY 18.8% TO CHF 82.38.BOARD OF DIRECTORS HAS DECIDED TO TERMINATE CURRENT 2017 - 2020 SHARE BUYBACK PROGRAM PREMATURELY.FORBO HOLDING - BOARD WILL PROPOSE THAT DIVIDEND FOR 2018 SHOULD BE INCREASED BY ABOUT 10 PERCENT VERSUS PREVIOUS YEAR TO CHF 21 PER SHARE.  Full Article

Forbo Holding H1 Group Profit From Continuing Operations At CHF 58.7 Mln
Friday, 27 Jul 2018 12:30am EDT 

July 27 (Reuters) - FORBO HOLDING AG ::REPORTED NET SALES OF CHF 668.8 MILLION IN FIRST HALF OF 2018 (PRIOR-YEAR PERIOD: CHF 606.3 MILLION).H1 OPERATING PROFIT (EBIT) ROSE BY CHF 10.9% TO CHF 75.3 MILLION (PRIOR-YEAR PERIOD BEFORE ONE-OFF COSTS: CHF 67.9 MILLION).H1 GROUP PROFIT FROM CONTINUING OPERATIONS ROSE BY 8.9% TO CHF 58.7 MILLION (PRIOR-YEAR PERIOD BEFORE ONE-OFF COSTS: CHF 53.9 MILLION).FORECAST FOR FULL YEAR 2018 HAS NOT CHANGED.  Full Article

Forbo Holding: Fixed-Price Buyback Offer Completed
Thursday, 30 Nov 2017 12:30am EST 

Nov 30 (Reuters) - Forbo Holding AG ::FORBO SHARE BUYBACK PROGRAM: FIXED-PRICE BUYBACK OFFER COMPLETED.WITHIN FRAMEWORK OF SHARE BUYBACK OFFER, TOTAL OF 63,105 REGISTERED SHARES WERE TENDERED TO FORBO.  Full Article

Forbo Holding: ‍share buyback offer at a fixed price​
Wednesday, 15 Nov 2017 12:30am EST 

Nov 15 (Reuters) - FORBO HOLDING AG ::‍SHARE BUYBACK OFFER AT A FIXED PRICE​.TO REPURCHASE UP TO A MAX OF 90,000 OF REGISTERED SHARES AT FIXED PRICE OF CHF 1,430PER SHARE.  Full Article

Forbo Holding: one-time costs of anti-trust proceedings in France of EUR 75 mln​
Thursday, 19 Oct 2017 05:00am EDT 

Oct 19 (Reuters) - FORBO HOLDING AG ::ANTI-TRUST PROCEEDINGS TARGETING LEADING FLOORING SYSTEMS MANUFACTURERS IN FRANCE HAS NOW BEEN CONCLUDED​.‍ONE-TIME COSTS THAT WILL INCUR FOR FORBO WILL BE EUR 75 MILLION​.‍MADE A PROVISION OF CHF 85 MILLION AGAINST ITS 2017 HALF-YEAR OPERATING PROFIT​.‍CONFIRMS ITS POSITIVE GUIDANCE MADE IN ITS 2017 HALF-YEAR REPORT​.‍FORBO GROUP'S OPERATING POWER WILL NOT BE NEGATIVELY AFFECTED​.‍CONFIRMED GUIDANCE MADE IN ITS 2017 HALF-YEAR REPORT IS ADJUSTED FOR THIS EXTRAORDINARY EFFECT​.  Full Article

Swiss stocks - Factors to watch on April 5

ZURICH/BERLIN, April 5 The Swiss blue-chip SMI was seen opening 0.1 percent easier at 9,559 points on Friday, according to premarket indications by bank Julius Baer .