Detail akcie Forbo Holding AG online

Business Summary: Forbo Holding AG is Switzerland-based producer of floor coverings, adhesives, power transmission and conveyor belt solutions. It operates in three business divisions: Flooring Systems, Bonding Systems and Movement systems. The Flooring Systems division offers environmentally friendly linoleum, vinyl floorings, entrance flooring systems and carpet tiles. The Bonding Systems division concentrates on industrial adhesive products, ready-made adhesives and synthetic polymers used in the paper processing, packaging and the furniture industry. The Movement Systems division offers power transmission belts, conveyor and processing belts, as well as plastic modular, timing and flat belts made of synthetic materials. Its beltings are sold under the Siegling brand. It operates though numerous subsidiaries located in Australia, Canada, Japan, India, Finland and Denmark, among others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Forbo Holding AG revenues decreased 9% to SF1.18B. Net income increased 1% to SF102.3M. Revenues reflect Flooring systems segment decrease of 9% to SF796.5M, Movement systems segment decrease of 9% to SF378.7M, United States segment decrease of 17% to SF190.7M, France segment decrease of 16% to SF130.1M. Net Income benefited from Administrative decrease of 15% to SF80.1M (expense).