Forbo Holding AG (FBOHY) Research
Forbo Holding AG, an international enterprise established in 1928 and headquartered in Baar, Switzerland, specializes in the manufacturing and distribution of flooring solutions, construction adhesives, and industrial power transmission and conveyor belt systems. The company operates through two primary segments: Flooring Systems and Movement Systems. The Flooring Systems division focuses on the development, production, and sale of a broad array of floor coverings. These encompass linoleum, vinyl floorings, entrance mat systems, carpet tiles, needle felt, and washable textile floorings. Additionally, this division provides building and construction adhesives, alongside a variety of complementary products crucial for flooring installation, treatment, cleaning, and ongoing care. Under its Eurocol brand, it also supplies ready-to-use bonding agents for diverse floor installations, such as parquet and ceramic tiles, as well as self-leveling compounds for the building sector and liquid floors. These extensive flooring products are widely utilized in various commercial and public environments, including healthcare facilities, educational institutions, retail spaces, corporate offices, leisure centers, and hospitality venues, in addition to serving the residential market. The Movement Systems division, operating under the Siegling brand, furnishes a comprehensive selection of industrial belting. This offering includes conveyor belts, processing belts, plastic modular belts, power transmission belts, and timing and flat belts. These advanced belting solutions are integral to a wide array of industrial, commercial, and service-based operations, for example, in food processing lines, fitness studio treadmill systems, and mail distribution centers.
Market snapshot
- Symbol
- FBOHY
- Price
- $20.99
- Day change
- 0.00%
- Market cap
- $1.1B
- P/E ratio
- 15.39x
- 52-week range
- 18.6-20.99
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Next earnings
- in 1 month
Peer companies
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