Amrize falls after Q3 EBITDA miss and FY guidance cut
AMRZ•Amrize cut its FY26 adjusted EBITDA guidance to $2.95 billion-$3.05 billion from $3.1 billion-$3.2 billion. Q3 adjusted EBITDA rose 0.2% to $1.076 billion, below the $1.083 billion consensus.
1. Guidance reduced
Amrize shares were seen down 4.1% in premarket trade after the building materials company cut its full-year adjusted EBITDA guidance. Vontobel said the new outlook was 3% below consensus and that the cut was larger than expected.
2. Quarterly results
Q3 adjusted EBITDA edged up 0.2% to $1.076 billion, missing the $1.083 billion consensus. Vontobel attributed the miss to soft residential roofing and lower materials volumes, while saying resilient pricing was encouraging into FY27. Shares were down 23.5% year to date through the previous session's close.
