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Forbo Holding AG ( (CH:FORN) ) has issued an update.
Forbo Holding AG has appointed 56-year-old Swiss executive Heinz Hössli as Chief Financial Officer and member of the Executive Board, effective July 1, 2026, replacing interim CFO Peter Germann, who will retire after the handover. Hössli brings extensive international financial and industrial experience from his current role as CFO of Interroll Group and his 21-year tenure at Bühler Group, and the board expects his background in industrial technology, conveyor technology, automation, and listed-company governance to strategically complement the CEO and divisional heads as the executive team focuses on driving growth, innovation, and employee development during an ongoing transformation phase.
The most recent analyst rating on (CH:FORN) stock is a Hold with a CHF988.00 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 Holding AG is a Switzerland-based global manufacturer of floor coverings, building and construction adhesives, and belts for power transmission and lightweight conveyor technology. Headquartered in Baar, the group employs around 5,200 people and operates 25 production and distribution sites, 6 fabrication centers, and 47 sales organizations across 39 countries, generating net sales of CHF 1,122.0 million in 2024; its shares are listed on SIX Swiss Exchange.
Average Trading Volume: 2,736
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.33B
For a thorough assessment of FORN stock, go to TipRanks’ Stock Analysis page.