Brief: Forbo Holding Reports FY Net Sales Of CHF 1,327 Million

Forbo Holding AG

05/03/2019 04:04

March 4 (Reuters) - Forbo Holding AG  FORN.S :
    * FY NET SALES OF CHF 1,327.0 MILLION (PREVIOUS YEAR: CHF
1,246.4
MILLION)
    * FY GROUP PROFIT FROM CONTINUING OPERATIONS ROSE BY 14.9%
TO CHF
137.6 MILLION
    * RAISE OF DIVIDEND BY MORE THAN 10 PERCENT
    * FY UNDILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS
ROSE
BY 18.8% TO CHF 82.38
    * BOARD OF DIRECTORS HAS DECIDED TO TERMINATE CURRENT 2017 -
2020
SHARE BUYBACK PROGRAM PREMATURELY
    * FORBO HOLDING - BOARD WILL PROPOSE THAT DIVIDEND FOR 2018
SHOULD
BE INCREASED BY ABOUT 10 PERCENT VERSUS PREVIOUS YEAR TO CHF 21
PER SHARE

Source text for Eikon:  ID:nTENimyaka 
Further company coverage:  FORN.S 

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