Business · Companies · 6 hrs ago
Amrize cuts 2026 forecast despite higher third-quarter sales
North American building materials company Amrize increased third-quarter sales by 2.2% to $3.77 billion in 2026.
The company, formerly part of Holcim, said price increases and recent acquisitions helped lift sales, while poor weather held them back.
Adjusted operating profit edged up just 0.2% to $1.076 billion, as higher freight, diesel and raw-material costs squeezed earnings.
Amrize’s adjusted operating profit margin fell to 28.5%, and the results narrowly missed analyst expectations.
The company lowered its 2026 forecast, now expecting sales of $12.2 billion to $12.4 billion and adjusted EBITDA of $2.95 billion to $3.05 billion.
Those ranges are below its previous forecasts of $12.5 billion to $12.7 billion in sales and $3.1 billion to $3.2 billion in adjusted EBITDA.
Amrize expects its cost-cutting program to reduce expenses by about $80 million over the full year.
Amrize cut its full-year 2026 revenue and adjusted EBITDA forecasts despite higher third-quarter sales.
Third-quarter revenue rose 2.2% to $3.77 billion, supported by price increases and recent acquisitions.
Adjusted EBITDA increased 0.2% to $1.076 billion, while its margin fell 60 basis points to 28.5%.
The company cited unfavorable weather and higher freight, diesel and raw-material costs as headwinds.
Amrize now expects full-year revenue of $12.2 billion to $12.4 billion and adjusted EBITDA of $2.95 billion to $3.05 billion.
- Who
- Amrize, a North American building materials company formerly part of Holcim.
- What
- It reported higher third-quarter 2026 sales and reduced its full-year forecast.
- When
- The results were announced on Wednesday evening; the article was published on October 28, 2026.
- Where
- North America; the company did not state a more specific location for the announcement.
- Why
- Unfavorable weather and higher freight, diesel and raw-material costs weighed on results.
This story does not have two clearly opposing sides.
Amrize’s revenue rose 2.2% to $3.77 billion, while adjusted EBITDA increased 0.2% to $1.076 billion.
Amrize announced lower full-year 2026 revenue and adjusted EBITDA forecasts.
- Third-quarter revenue
- $3.77 billion, up 2.2%
- Adjusted EBITDA
- $1.076 billion, up 0.2%
- Adjusted EBITDA margin
- 28.5%, down 60 basis points
- 2026 revenue forecast
- $12.2 billion to $12.4 billion
- 2026 adjusted EBITDA forecast
- $2.95 billion to $3.05 billion