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  5. Forbo Holding AG
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    FORN   CH0003541510


Business Summary
Logo Forbo Holding AG
Forbo Holding AG is Switzerland-based producer of floor coverings, adhesives, power transmission and conveyor belt solutions. It operates in three business divisions: Flooring Systems, Bonding Systems and Movement systems. The Flooring Systems division offers environmentally friendly linoleum, vinyl floorings, entrance flooring systems and carpet tiles. The Bonding Systems division concentrates on industrial adhesive products, ready-made adhesives and synthetic polymers used in the paper processing, packaging and the furniture industry. The Movement Systems division offers power transmission belts, conveyor and processing belts, as well as plastic modular, timing and flat belts made of synthetic materials. Its beltings are sold under the Siegling brand. It operates though numerous subsidiaries located in Australia, Canada, Japan, India, Finland and Denmark, among others.

Number of employees : 5 317 people.
Sales per Business
Flooring Systems870.5067.9%757.0067.7% -13.04%
Movement Systems411.7032.1%360.7032.3% -12.39%
CHF in Million
Sales per region
United States221.2017.3%186.7016.7% -15.6%
Asia Pacific and Africa188.0014.7%165.2014.8% -12.13%
Germany155.4012.1%145.9013.1% -6.11%
Other Europe160.6012.5%145.3013% -9.53%
France158.2012.3%124.3011.1% -21.43%
Benelux Countries130.5010.2%122.2010.9% -6.36%
Scandinavia98.607.7%94.608.5% -4.06%
Great Britain and Ireland90.007%67.206% -25.33%
Other Americas52.104.1%40.103.6% -23.03%
Switzerland27.602.2%26.202.3% -5.07%
CHF in Million
Name Title Age Since
Stephan Bauer Chief Executive Officer 59 2014
Andreas Jaeger Chief Financial Officer 48 2021
Peter Altorfer, Dr. Vice Chairman 67 2015
Nicole Graf-Hńfeli Secretary - 2010
Jean-Michel Wins Executive Vice President-Flooring Systems 53 -
Members of the board
Name Title Age Since
Mathias Ernst Schneider Executive Chairman 68 2015
Michael Pieper Vice Chairman 74 2012
Vincent Studer Non-Executive Director 58 2009
Peter Altorfer, Dr. Vice Chairman 67 2015
Reto MŘller, Dr. Non-Executive Director 69 2011
Claudia Coninx-Kaczynski Non-Executive Director 47 2014
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,650,000 1,043,604 63.2% 70,765 4.3% 63.2%
Michael Pieper 486,856 29.5%
UBS Asset Management Switzerland AG 84,876 5.14%
Forbo Holding AG 82,646 5.01%
Credit Suisse Asset Management (Schweiz) AG 49,851 3.02%
Mathias Ernst Schneider 42,352 2.57%
ZŘrcher Kantonalbank (Investment Management) 38,857 2.35%
Norges Bank Investment Management 33,642 2.04%
The Vanguard Group, Inc. 28,145 1.71%
Invesco Advisers, Inc. 25,718 1.56%
Vontobel Asset Management AG 24,880 1.51%
FORBO HOLDING AG (FORN) 82,646 5.01% 163,546,675 USD
Company contact information
Forbo Holding AG
Lindenstrasse 8
Baar, Zug 6340

Phone : +41.58.787.25.25
Fax : +41.58.787.20.25
Web : http://www.forbo.com
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Sector Flooring & Interior Tile Manufacturers