Amrize falls as Building Envelope segment weighs on Q1 results

Amrize AG

30/04/2026 08:48

** Swiss building materials company Amrize AMRZ.N shares fall 5.6%, as it was hit by lower-than-expected results at the company's Building Envelope segment

** Amrize reported a Q1 adjusted EBITDA of $192 million, down 10.3% year-on-year, its Building Envelope reported an adjusted EBITDA of $78 million, a fall of 37.1% compared to last year's level

** "The result is overshadowed by a very weak Building Envelope segment where residential roofing suffered from soft demand and weak pricing, dragging down group results," Vontobel writes

** Today's fall effectively wiped out all of Amrize's gains year-to-date, that stood at around 5% at market close on Wednesday

 (Reporting by Tristan Veyet)

 ((tristan.veyet@thomsonreuters.com))