Overview
Swiss flooring and adhesives maker's 2025 sales slightly beat analyst expectations
Company's EBIT fell 27.2% due to lower capacity utilization and higher costs
Company expanded production capacities in Japan and USA
Outlook
Forbo expects slightly lower sales in 2026 due to currency effects
Forbo anticipates slightly higher profit in 2026 compared to 2025
Company aims to strengthen customer focus and sales efficiency in 2026
Result Drivers
CHALLENGING ENVIRONMENT - Forbo faced a challenging macroeconomic and geopolitical environment, impacting sales and operating results
CAPACITY EXPANSION - Co expanded production capacities in Japan and USA to strengthen supply chain resilience
Company press release: ID:nEQ3ZvGW2a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Slight Beat*
CHF 1.09 bln
CHF 1.08 bln (3 Analysts)
FY Adjusted EPS
CHF 48.75
FY EBIT
CHF 87.80 mln
FY EBITDA
CHF 136.80 mln
FY EBITDA Margin
12.60%
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for Forbo Holding AG is CHF935.00, about 8% above its March 2 closing price of CHF866.00
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)