Forbo Holding Ag · SIX:FORN
Forbo — H1 2026 Earnings Presentation
21 slides from Forbo's earnings presentation, Jul 28, 2026
Slide 1: Presentation Half-Year Results 2026 - Media and Financial Analyst Meeting
FORBO GROUP PRESENTATION HALF-YEAR RESULTS 2026 MEDIA AND FINANCIAL ANALYST MEETING JULY 28, 2026 Johannes Huber Chief Executive Officer Heinz Hössli Chief Financial Officer
Slide 2: Agenda
AGENDA WELCOME & INTRODUCTORY REMARKS JOHANNES HUBER BUSINESS SUMMARY FIRST HALF -YEAR 2026 JOHANNES HUBER FINANCIAL RESULTS FIRST HALF -YEAR 2026 HEINZ HÖSSLI ACTIVITIES, FOCUS & OUTLOOK 2026 JOHANNES HUBER QUESTIONS & ANSWERS Media and financial analystmeeting 2
Slide 3: Heinz Hössli - About Myself
HEINZ HÖSSLI ABOUT MYSELF Born 1969, Swiss, married (Mexican wife), two adult boys and a dog Swiss Certified Public Accountant (CPA) from EXPERTsuisse, Zurich MBA from Duke University’s Fuqua School of Business in Durham (USA) INTERROLL (6 yrs) ▪ Group CFO BÜHLER (21 yrs) ▪ CFO/Vice President Advanc
Slide 4: Business Summary First Half-Year 2026
JOHANNES HUBER BUSINESS SUMMARY FIRST HALF -YEAR 2026 Media and financial analystmeeting 4
Slide 5: Update Assessment from March
FORBO GROUP UPDATE ASSESSMENT FROM MARCH Strong foundation → confirmed ▪ Well knownbrand ▪ Broad and differentiated product portfolio ▪ Passionate and competent team Challenges → addressed ▪ Hierarchical/inward-oriented culture → turn-around in progress with very good momentum ▪ Inefficiencies in op
Slide 6: Market Environment
FORBO GROUP MARKET ENVIRONMENT Market development ▪ Construction market still weak, esp. in Europe and the U.S. ▪ Logistics market has returned to growth, food market maintains positive development ▪ Overall economic activity remains resilient despite geopolitical uncertainty Other key external fact
Slide 7: Performance First Half-Year 2026 - Key Messages
FORBO GROUP PERFORMANCE FIRST HALF -YEAR 2026 - KEY MESSAGES Positive momentum ▪ Growth: +4.0% growth in local currencies ▪ Operating profit (OP): -2.3% vs. prior year (+8.4% without one-offs) ▪ Movement turnaround: shows first results ▪ Motivated team: ready for change Challenges ▪ Resolving operat
Slide 8: Financial Results First Half-Year 2026
HEINZ HÖSSLI FINANCIAL RESULTS FIRST HALF -YEAR 2026 Media and financial analystmeeting 8
Slide 9: Net Sales
FORBO GROUP NET SALES ▪ Net sales in local currencies increased by 4.0% (in CHF-0.2%): ▪ Flooring Systems by 2.2% in local currencies ▪ Movement Systems by 7.9% in local currencies ▪ Volume increased overall by 1.5% and prices by 2.5% CHF m 545.7 546.9 175.4 172.1 370.4 374.9 Movement Systems Floori
Slide 10: Financial Overview - Income Statement
FORBO GROUP FINANCIAL OVERVIEWINCOME CONSOLIDATED – INCOME STATEMENT FULL YEAR 2022 STATEMENT CHF MILLION H1 2026 H1 2025 ∆ Net sales 545.7 546.9 -0.2% ▪ Gross margin +0.5%- points despite higher Gross profit margin 34.5% 34.0% energy and logistics EBITDA 66.5 67.6 -1.6% costs EBITDA margin 12.2% 12
Slide 11: EBIT Bridge (CHF million)
FORBO GROUP FINANCIAL EBIT –OVERVIEW BRIDGE (CHF–MILLION) INCOME STATEMENT FULL YEAR 2022 EBIT margin 7.8% 7.7% -2.3% -5.9 12.3 -1.7 -4.2 -2.1 5.2 42.9 -4.6 41.9 EBIT Volume / Price Raw Production Indirect FX One-offs EBIT H1 2025 Mix material cost cost items H1 2026 Media and financial analystmeeti
Slide 12: Consolidated Cash Flow Statement
FORBO GROUP CONSOLIDATED CASH FLOW STATEMENT CHF MILLION H1 2026 H1 2025 Cash flow from operating activities 12.9 -14.6 Cash flow from investing activities -16.0 -15.8 ▪ First half-year is seasonally Free cash flow -3.1 -30.4 low in operating cash flow Cash flow from financing activites -34.5 -36.1
Slide 13: Flooring Systems Net Sales
FLOORING SYSTEMS NET SALES ▪ Net sales of CHF 370.4m in H1 2026 (-1.2% in CHF) ▪ 2.2% increase in local currencies: ▪ 0.2% volume increase ▪ 2.0% price increase ▪ Net sales by region, in local currencies: APAC +6.3% Americas – 0.4% Europe +2.4% Media and financial financialanalystmeeting analyst mee
Slide 14: Flooring Systems Income Statement
FLOORING SYSTEMS INCOME STATEMENT CHF MILLION H1 2026 H1 2025 ∆ Net sales 370.4 374.9 -1.2% EBITDA 47.4 51.5 -8.0% EBITDA margin 12.8% 13.7% Operating profit(EBIT) 33.7 37.7 -10.6% EBIT margin 9.1% 10.1% FTE (30.6.) 2,765 2,825 -2.1% Investments 10.2 9.6 6.3% ▪ Operational issues addressed, but it w
Slide 15: Movement Systems Net Sales
MOVEMENT SYSTEMS NET SALES ▪ Net sales of CHF 175.4m in H1 2026 (+ 1.9% in CHF) ▪ 7.9% increase in local currencies: ▪ 4.6% volume increase ▪ 3.3% price increase ▪ Net sales by region, in local currencies: APAC +11.0% Europe +8.0% Americas +5.5% Media and financial financialanalystmeeting analyst me
Slide 16: Movement Systems Income Statement
MOVEMENT SYSTEMS INCOME STATEMENT CHF MILLION H1 2026 H1 2025 ∆ Net sales 175.4 172.1 1.9% EBITDA 23.1 19.4 19.1% EBITDA margin 13.2% 11.3% Operating profit (EBIT) 12.6 8.9 41.6% EBIT margin 7.2% 5.2% FTE (30.06.) 2,389 2,387 0.1% Investments 3.7 4.3 -14.0% ▪ Profit rebound thanks to strong sales gr
Slide 17: Activities, Focus and Outlook
FORBO GROUP ACTIVITIES, FOCUS AND OUTLOOK Media and financial analystmeeting 17
Slide 18: Outlook 2026
FORBO GROUP OUTLOOK 2026 Environment stays challenging, with positive signs ▪ Weak construction industry , esp. in Europe and the U.S. ▪ Some market segments in Movement with growth , e.g. Logistics ▪ Overall volatility from U.S. tariffs or Iran war will remain ▪ CHF stays strong , but USD seems to
Slide 19: Financial Outlook for 2026
FORBO GROUP FINANCIAL OUTLOOK FOR 2026 We confirm our guidance: For the 2026 financial year, Forbo expects slightly lower sales due to currency effects and slightly higher operating profit than in the previous year. Capital market day on October 21, 2026 , to share our mid term plan until 2029 Media
Slide 20: Questions & Answers
QUESTIONS & ANSWERS Media and financial analystmeeting 20
Slide 21: Disclaimer
DISCLAIMER By attending the meeting where this presentation is made or by reading the presentation slides you agree to be bound by theollowing f limitations: The information in this document has been prepared by Forbo. It does not constitute a recommendation regarding the securities of Forbo. No rep