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.