Brief: Forbo Says 2019 Group Profit Rose By 0.5% To CHF 138.3 Mln

Forbo Holding AG

03/03/2020 05:08

March 3 (Reuters) - Forbo Holding AG  FORN.S :
    * NET SALES OF CHF 1,282.2 MILLION IN 2019 (PREVIOUS YEAR:
CHF
1,327.0 MILLION)
    * 2019 GROUP PROFIT ROSE BY 0.5% TO CHF 138.3 MILLION
(PREVIOUS
YEAR: CHF 137.6 MILLION)
    * GROUP OPERATING PROFIT (EBIT) INCREASED BY 0.6% TO CHF
176.3
MILLION IN 2019 (PREVIOUS YEAR: CHF 175.3 MILLION)
    * FORECASTS A SLIGHT DECREASE IN SALES IN 2020 IN LOCAL
CURRENCIES
 & A SOMEWHAT HIGHER ONE IN GROUP PROFIT VERSUS PREVIOUS YEAR

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

 ((Reuters.Briefs@thomsonreuters.com;))