earnings
confidence high
sentiment negative
materiality 0.80
Amrize Q2 revenue up 8.6% to $3.49B, net income +14.4%; revises FY guidance; prior-period accounting errors
Amrize Ltd
- Q2 revenue $3,494M (+8.6%), net income $476M (+14.4%), diluted EPS $0.86 (+14.7%).
- Adjusted EBITDA $986M (+5.8%), margin 28.2% vs 29.0% a year ago.
- FY 2026 guidance: revenue raised to $12.5-12.7B; adjusted EBITDA revised to $3.1-3.2B on oil cost inflation.
- Identified $78M deferred revenue understatement from Duro-Last (2023) and Malarkey (2022) acquisitions; prior periods revised.
- Returned $502M to shareholders via buybacks ($197M) and dividends; $1B buyback program launched.