Forbo Holding AG (FORN.SW) stock: Winston Score, insiders and Congress trades

Forbo Holding AG is a Swiss company that makes flooring and adhesives. Its main products are linoleum, vinyl, and carpet tiles sold under the Marmoleum brand, plus industrial adhesives and conveyor belts used in factories and logistics. Its customers include commercial builders, architects, schools, hospitals, and manufacturing companies across Europe and beyond. Forbo earns money by selling its products directly and through distributors, with no major subscription component. The company operates mainly in Europe but also has a presence in North America and Asia, generating roughly $1.3 billion in annual revenue. Its moat comes from the Marmoleum brand, which holds a strong reputation in sustainable flooring, and from its long-standing relationships with commercial contractors. The main risk is that construction and renovation activity is sensitive to economic slowdowns and rising interest rates, which can quickly reduce demand for flooring products.

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