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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, succeeding Jens Fankhänel who left for health reasons. Huber, currently at Hilti AG, brings extensive experience in growth and innovation within the global construction industry. Additionally, Peter Germann will take over as interim CFO from Andreas Jaeger, ensuring stable management during the transition. This leadership change is expected to strengthen Forbo’s position in the industry and support its strategic development.
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 manufacturer specializing in floor coverings, construction adhesives, and belts for drive and light conveying technology. The company is known for providing tailor-made solutions that emphasize functionality, quality, design, and sustainability. With a workforce of around 5,200 employees, Forbo operates internationally with 25 production and sales locations, 6 configuration centers, and 47 sales companies across 39 countries. Headquartered in Baar, Switzerland, Forbo reported net sales of CHF 1,122.0 million in 2024.
Average Trading Volume: 2,733
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF1.13B
For a thorough assessment of FORN stock, go to TipRanks’ Stock Analysis page.