Edition:
United States

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​. 

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