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An announcement from Forbo Holding AG ( (CH:FORN) ) is now available.
Forbo Holding AG, headquartered in Baar, Switzerland, operates globally in flooring, building adhesives, and movement systems, specializing in belts for drive and light conveying applications. Its extensive international footprint and focus on quality, design, and sustainability underpin its role as a key supplier to industrial and construction sectors.
The company is overhauling its Movement Systems division with a shift from a regional to a functional structure, centered on a new Global Operations unit to integrate production, fabrication, and on-site services for faster, more disciplined market responses. From June 1, 2026, CEO Johannes Huber will directly manage the division to drive a return to profitable growth, while longtime division head Marc Deimling departs after leading major investments and navigating the pandemic, signaling a high-priority strategic reset for this business line.
The most recent analyst rating on (CH:FORN) stock is a Hold with a CHF820.00 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 Swiss-based manufacturer of floor coverings, building adhesives, and conveyor and drive belts, supplying customized, functional, and sustainable solutions to global industrial and building markets. With around 5,050 employees, 25 production and distribution sites, six fabrication centers, and 47 sales companies in 39 countries, the company generated CHF 1,085.4 million in 2025 net sales and is listed on SIX Swiss Exchange.
YTD Price Performance: -12.32%
Average Trading Volume: 2,733
Technical Sentiment Signal: Strong Sell
Current Market Cap: CHF1.05B
See more insights into FORN stock on TipRanks’ Stock Analysis page.