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flooring . movement . MEDIA RELEASE AD HOC ANNOUNCEMENT PURSUANT TO ART . 53 LR PAGE 1 OF 3 forbo Forbo presents transformation roadmap and 2029 financial targets at its first Capital Markets Day Sustainable profitable growth , strengthening financial performance and disciplined capital allocation are at the core of Forbo's transformation . • • • • Sharper customer and market - segment focus , sales performance management and investments to drive above - market growth Operational excellence , productivity gains and disciplined pricing to improve profitability Strengthening culture , people development and innovation to reinforce Forbo's core 2029 financial targets : 3-5 % average annual net sales growth in local currencies ; EBIT margin above 10 % Disciplined capital allocation , stronger cash generation and continued attractive shareholder distributions Forbo Group , Baar , October 21 , 2026 Forbo today holds its first Capital Markets Day in Zurich , presenting investors , financial analysts and media representatives with a comprehensive update on the Group's transformation roadmap , divisional priorities and medium - term financial targets . Forbo's transformation is designed to return the Group to sustainable profitable growth and stronger financial performance . The Group operates in markets with attractive fundamentals and sees significant potential to improve execution as this lies within the Group's own control . The transformation has three priorities : delivering sustainable profitable growth , regaining financial strength , and strengthening Forbo's culture , people development and innovation pipeline . Together , these priorities provide the foundation for stronger competitive positions , improved profitability and sustainable long- term value creation . Sharper customer and market focus Forbo will move from a predominantly product - oriented approach towards a clear customer and market- segment focus . Market segments will become the leading dimension for business steering , go - to - market strategies , innovation and investment decisions . To achieve profitable growth , Forbo will strengthen sales performance management and invest in attractive growth opportunities from 2027 onward . At the same time , the Group will improve its operational performance through enhanced customer service and quality , optimized core processes and production networks , and disciplined productivity management . Sales initiatives will further support margin improvement through an optimized product and customer mix , value- based pricing , and disciplined discount and rebate management .