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Forbo Holding AG ( (CH:FORN) ) has issued an announcement.
Forbo Holding AG has announced the appointment of Johannes Huber as the new CEO, effective January 1, 2026, following Jens Fankhänel’s departure due to health reasons. Huber, with a strong background in the global construction industry and a proven track record at Hilti AG, is expected to continue Forbo’s successful growth trajectory. Additionally, Peter Germann will take over as interim CFO from Andreas Jaeger, ensuring stability in the company’s financial management. These leadership changes are poised to strengthen Forbo’s executive team and support its strategic objectives.
The most recent analyst rating on (CH:FORN) stock is a Buy with a CHF1000.00 price target. To see the full list of analyst forecasts on Forbo Holding AG stock, see the CH:FORN Stock Forecast page.
More about Forbo Holding AG
Forbo is a leading producer of floor coverings, building and construction adhesives, as well as belts for power transmission and lightweight conveyor technology. The company offers tailored solutions known for their functionality, quality, design, and sustainability. It operates internationally with 25 sites, 6 fabrication centers, and 47 sales organizations across 39 countries, employing about 5,200 people. Forbo is headquartered in Baar, Switzerland, and is listed on the SIX Swiss Exchange.
Average Trading Volume: 2,733
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF1.13B
See more data about FORN stock on TipRanks’ Stock Analysis page.