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Forbo Holding AG ( (CH:FORN) ) just unveiled an announcement.
Forbo Holding AG announced that Andreas Jaeger, the CFO and interim CEO, will leave the company in the fourth quarter of 2025 to pursue a new professional challenge. The company has started the process of finding a successor for the CFO position. This change in leadership is significant for Forbo as it may impact its strategic direction and operational continuity. The company, listed on the SIX Swiss Exchange, continues to focus on providing high-quality, sustainable products to its global clientele.
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 Holding AG is a leading producer in the flooring industry, specializing in floor coverings, building and construction adhesives, and belts for power transmission and lightweight conveyor technology. The company is committed to sustainability, producing environmentally friendly products such as linoleum floor coverings made from natural raw materials and biodegradable materials. With a workforce of approximately 5,100 employees, Forbo operates internationally with 25 production and distribution sites, 6 fabrication centers, and 47 sales organizations across 39 countries. Headquartered in Baar, Switzerland, Forbo generated net sales of CHF 1,122.0 million in 2024.
YTD Price Performance: 19.00%
Average Trading Volume: 2,439
Current Market Cap: CHF1.23B
For a thorough assessment of FORN stock, go to TipRanks’ Stock Analysis page.