Eglisau, Switzerland, March 11--- AFB Investment S.A., a company controlled by CVC Capital Partners, has published its tender offer for the shares of Forbo at an offer price of CHF 260 per share.
In connection with the fairness opinion published on March 8, Forbo announced that the EBIT 2004 amounts to some CHF –44 million (first half-year 2004: CHF 29.6 million).
The operating profit (EBIT, Earnings before Interest and Taxes) for the year 2004 was influenced by restructuring charges and considerable special charges. The operating profit announced in the context of the fairness opinion has not been approved by the Board of Directors yet nor reviewed by the auditors.
The Board of Directors will announce the final results on March 22, 2005 in connection with the publication of the business results for the year 2004 at the occasion of the media and financial analysts conference.
