Edition:
United States

Forbo Holding AG (FORN.S)

FORN.S on Swiss Exchange

1,605.00CHF
23 May 2019
Change (% chg)

CHF-20.00 (-1.23%)
Prev Close
CHF1,625.00
Open
CHF1,616.00
Day's High
CHF1,625.00
Day's Low
CHF1,597.00
Volume
2,343
Avg. Vol
2,590
52-wk High
CHF1,650.00
52-wk Low
CHF1,302.00

Latest Key Developments (Source: Significant Developments)

Forbo Holding to continue with share buyback program 2017-2020 via second trading line
Wednesday, 6 Jun 2018 12:31am EDT 

June 6 (Reuters) - Forbo Holding AG ::BOARD OF DIRECTORS HAS DECIDED TO CONTINUE WITH CURRENT SHARE BUYBACK PROGRAM 2017-2020 VIA A SECOND TRADING LINE.  Full Article

Forbo Holding FY Profit From Continuing Operations Down At CHF 119.8 Million
Tuesday, 6 Mar 2018 12:30am EST 

March 6 (Reuters) - FORBO HOLDING AG ::FY NET SALES OF CHF 1,246.4 MILLION (PREVIOUS YEAR: CHF 1,185.5 MILLION).FY EBIT BEFORE ONE-OFF COSTS ROSE BY 3.9% TO CHF 163.3 MILLION (PREVIOUS YEAR: CHF 157.2 MILLION).FY PROFIT FROM CONTINUING OPERATIONS BEFORE ONE-OFF COSTS DECLINED TO CHF 119.8 MILLION (PREVIOUS YEAR: CHF 127.6 MILLION).DIVIDEND OF CHF 19 PER SHARE.FOR 2018 ANTICIPATES SLIGHT INCREASE IN NET SALES AND GROUP PROFIT FROM CONTINUING OPERATIONS BEFORE ONE-OFF COSTS.  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

Forbo Holding completes sale of 63,000 treasury shares
Tuesday, 8 Aug 2017 01:00am EDT 

Aug 8 (Reuters) - FORBO HOLDING AG ::SUCCESSFULLY SOLD 63,000 TREASURY SHARES AT A PRICE OF CHF 1,450 PER SHARE VIA AN ACCELERATED BOOKBUILDING.GROSS PROCEEDS TO FORBO AMOUNT TO ABOUT CHF 91 MILLION.  Full Article

Forbo Holding ‍launches sale of treasury shares​
Monday, 7 Aug 2017 11:35am EDT 

Aug 7 (Reuters) - FORBO HOLDING AG ::‍LAUNCHES SALE OF TREASURY SHARES​.‍INTENDS TO SELL 63,000 TREASURY SHARES BY WAY OF AN ACCELERATED BOOKBUILDING STARTING IMMEDIATELY​.‍PLACEMENT REPRESENTS 3.5% OF FORBO'S SHARE CAPITAL AND MAJORITY OF TREASURY SHARES HELD BY FORBO​.  Full Article

Forbo Holding H1 group loss came to CHF 28.9 million​​
Friday, 28 Jul 2017 12:30am EDT 

July 28 (Reuters) - FORBO HOLDING AG ::‍NET SALES OF CHF 606.3 MILLION IN FIRST HALF OF 2017 (PRIOR-YEAR PERIOD: CHF 590.9 MILLION)​.GROUP PROFIT FROM CONTINUING OPERATIONS BEFORE ONE-OFF COSTS UP 4.3% TO CHF 53.9 MILLION (PRIOR-YEAR PERIOD: CHF 51.7 MILLION)​.‍FORECAST FOR FULL YEAR 2017 HAS NOT CHANGED​.H1 ‍OPERATING PROFIT (EBIT) BEFORE ONE-OFF COSTS INCREASED BY 5.6% FROM CHF 64.3 MILLION TO CHF 67.9 MILLION​.‍AFTER FACTORING ONE-OFF COSTS, H1 OPERATING PROFIT (EBIT) CAME TO CHF -17.1 MILLION​.‍AFTER FACTORING IN PROVISION FOR ONE-OFF COSTS, H1 GROUP PROFIT CAME TO CHF -28.9 MILLION​.  Full Article

Forbo Holding confirms 2017 outlook despite one-off provision
Thursday, 20 Jul 2017 12:00pm EDT 

July 20 (Reuters) - FORBO HOLDING AG ::‍ANTITRUST PROCEEDINGS AGAINST FORBO FLOORING SYSTEMS IN FRANCE.‍IS PROVISIONALLY RECOGNIZING A PROVISION FROM ITS 2017 OPERATING PROFIT IN AMOUNT OF CHF 85 MILLION​.‍ADJUSTED FOR THIS EXTRAORDINARY EFFECT, FORBO CONFIRMS ITS POSITIVE GUIDANCE OF SPRING 2017​.  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 .