Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Forbo Holding AG ( (CH:FORN) ).
Forbo Holding AG reported a decrease in net sales and profit for the first half of 2025, attributed to lower capacity utilization, higher costs, and currency effects. Despite these challenges, the company maintained a solid balance sheet and continued to invest in innovation and sustainability initiatives to strengthen its market position. The Flooring Systems division performed steadily, while the Movement Systems division faced difficulties. Forbo is actively seeking new leadership for its CEO and CFO positions and remains focused on operational efficiency and profitability improvements. The company anticipates a slight decline in net sales for the full year but expects improved profitability in the second half of 2025.
The most recent analyst rating on (CH:FORN) stock is a Buy with a CHF1050.00 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 lightweight conveying technology. The company is known for providing tailor-made solutions that emphasize functionality, quality, design, and sustainability. With around 5,200 employees, Forbo operates internationally with 25 production and sales locations, 6 conversion centers, and 47 sales companies across 39 countries. The company’s headquarters are located in Baar, Switzerland, and it is listed on the SIX Swiss Exchange.
Average Trading Volume: 2,253
Technical Sentiment Signal: Hold
Current Market Cap: CHF1.29B
Learn more about FORN stock on TipRanks’ Stock Analysis page.