Forbo Holding

-5.23%

Forbo Holding is a Swiss company that specializes in the production of flooring and building materials. It was founded in 1928 and is headquartered in Baar, Switzerland. The company has operations in over 40 countries and employs around 5,500 people worldwide.
Forbo's main products include linoleum, vinyl, carpet tiles, and other types of flooring for both residential and commercial use. The company also offers adhesive and bonding systems, as well as furniture and construction adhesives.
Forbo is committed to sustainability and has a number of initiatives in place to reduce its environmental impact. This includes using renewable energy sources, promoting recycling and waste reduction, and minimizing emissions throughout its production processes.
In addition to its flooring products, Forbo also offers services such as installation, maintenance, and refurbishment. The company serves a wide range of industries, including healthcare, education, retail, and transportation.
Forbo is publicly listed on the SIX Swiss Exchange and has a strong financial performance history. In 2019, the company reported a net profit of CHF 119 million and had an annual turnover of CHF 1.4 billion.

1. Sustainability focus: Forbo Holding is committed to sustainability and has set ambitious targets to reduce carbon emissions, water consumption, and waste generation, as well as increase the use of renewable materials in its products and operations.
2. Diverse product portfolio: The company offers a wide range of products, including linoleum, vinyl, and textile flooring, as well as adhesives, design services, and transport flooring. This diversity allows the company to serve a variety of industries and customers.
3. Global presence: Forbo Holding has a presence in over 50 countries, with production facilities in Europe, North America, and Asia. This global reach allows the company to serve a diverse customer base and adapt to regional market trends and demands.
4. Innovation-driven: Forbo Holding invests heavily in research and development to continuously improve its products and manufacturing processes and stay at the forefront of industry innovation.
5. Strong history and reputation: The company has a long history dating back to 1928 and has established a strong reputation for quality, reliability, and customer service in the flooring industry.
6. Employee focus: Forbo Holding places a strong emphasis on employee development and well-being, providing training programs, health and safety initiatives, and promoting a diverse and inclusive workplace culture.
7. Commitment to social responsibility: The company is committed to making a positive impact on society by supporting local communities, promoting education and culture, and contributing to charitable causes.
8. Financial stability: Forbo Holding has a solid financial track record and has consistently delivered strong financial results, ensuring the company's stability and long-term growth.

Forbo Holding is a Swiss multinational company that operates primarily in the flooring and adhesives industry. It operates through several subsidiaries, which provide various solutions and products for commercial buildings, residential homes, and industrial facilities.
The company's business model is based on three main aspects: innovation, sustainability, and customer satisfaction. Forbo constantly invests in research and development to keep up with the latest market trends and technology advancements, with a focus on creating innovative and sustainable products.
Forbo's product portfolio includes a wide range of flooring solutions, such as linoleum, luxury vinyl tiles, carpet tiles, and entrance flooring systems, as well as adhesives and building and construction adhesives.
The company also places a strong emphasis on sustainability, incorporating sustainable practices into its operations and product development. This includes reducing energy consumption, using renewable energy sources, and implementing sustainable sourcing and production processes.
Furthermore, Forbo prioritizes customer satisfaction by providing high-quality products, exceptional customer service, and customized solutions to meet the specific needs of its clients.
Overall, Forbo's business model revolves around creating innovative, sustainable, and customer-focused solutions in the flooring and adhesives industry, while also prioritizing profitability and long-term growth.

1. Forbo Holding is a Swiss multinational company that specializes in the production of flooring, adhesives, and building and construction materials.
2. The company was founded in 1928 in Basel, Switzerland as a manufacturer of linoleum floor coverings.
3. Forbo Holding is a public company, listed on the SIX Swiss Exchange under the ticker symbol FORN.
4. The company operates in over 40 countries and has 25 production facilities worldwide.
5. Forbo’s linoleum floor coverings are made from natural raw materials such as linseed oil, wood flour, and jute, making them a sustainable and eco-friendly option for flooring.
6. The company’s portfolio includes a wide range of flooring products including carpet tiles, vinyl flooring, entrance matting, and floor care solutions.
7. Forbo also produces a variety of adhesives for flooring and construction applications, including sealants, coatings, and repair products.
8. Forbo’s products are used in a variety of industries, including healthcare, education, transportation, and retail.
9. The company has a strong commitment to sustainability and has implemented various initiatives, such as using renewable energy sources and reducing waste and emissions, to reduce its environmental impact.
10. Forbo has received several awards and recognitions for its sustainability efforts, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute multiple times.
11. In addition to its flooring and construction materials, Forbo also produces components for the automotive industry, such as sound dampening materials and dashboard insulation.
12. Forbo Holding is a family-owned company, with direct descendants of the founder holding significant stakes in the company.