Amrize Q2 revenue beats estimates on increased mega-project demand
Amrize Q2 revenue beats estimates on increased mega-project demand
Overview
North America building materials supplier's Q2 revenue grew 8.6%, beating analyst expectations
Adjusted EBITDA for Q2 rose 5.8% and slightly beat analyst estimates; diluted EPS missed
Company returned $502 mln to shareholders through buybacks and dividends
Outlook
Amrize raises FY 2026 revenue guidance to $12.5 bln-$12.7 bln
Company revises FY 2026 adjusted EBITDA guidance to $3.1 bln-$3.2 bln due to cost inflation
Amrize expects to achieve $80 mln in ASPIRE program savings in 2026
Result Drivers
MEGA-PROJECT DEMAND - Co said strong demand from data centers, energy, advanced manufacturing, and infrastructure modernization drove revenue growth
VOLUME AND PRICING GAINS - Higher cement and aggregates volumes and aggregates price increases contributed to revenue and earnings growth
COST INFLATION - Oil price-driven increases in freight, diesel and raw materials costs offset some earnings gains
Company press release: ID:nBwbSqfNca
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $3.49 bln | $3.37 bln (8 Analysts) |
Q2 EPS | Miss | $0.86 | $0.94 (7 Analysts) |
Q2 Net Income |
| $476 mln |
|
Q2 Adjusted EBITDA | Slight Beat* | $986 mln | $978.14 mln (8 Analysts) |
Q2 Adjusted EBITDA Margin |
| 28.20% |
|
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction materials peer group is "buy"
Wall Street's median 12-month price target for Amrize AG is $63.85, about 24.7% above its August 6 closing price of $51.22
Reuters Recommended Reads
Aug 4 - Knife River Q2 revenue slightly beats estimates, lifts outlook
Aug 5 - Owens Corning Q2 revenue and adjusted EPS beat estimates
Aug 4 - Caterpillar lifts 2026 sales growth forecast as AI buildout powers on
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)