Amrize has debuted as an independent, publicly traded company with the completion of its 100 percent spin-off from Holcim. Amrize shares began trading yesterday on the New York Stock Exchange (NYSE) and the SIX Swiss Exchange under the ticker symbol “AMRZ.?
Amrize is building North America, as the partner of choice for professional builders with advanced branded solutions from foundation to rooftop. With over 1,000 sites and a highly efficient distribution network, Amrize delivers for its customers in every U.S. state and Canadian province. Its 19,000 teammates uniquely serve every construction market from infrastructure, commercial and residential to new build, repair and refurbishment.
Jan Jenisch, Amrize Chairman and CEO: “This is an exciting day for all our teammates across North America as we begin our journey together as Amrize. As an independent, publicly traded company, Amrize will capitalize on North America?s attractive construction market driven by long term megatrends from infrastructure modernization and onshoring of manufacturing to data center
expansion and the opportunity to bridge the housing gap. With our track record of profitable growth,
market-leading operationsand broad range of advanced building solutions, we are ideally positioned to be the partner of choice for the professional builders of North America and to unlock value for all stakeholders.
“It has been a privilege to be part of Holcim since 2017 and I thank the entire Holcim team for their outstanding performance and contributions over the years, including the exceptional execution of our spin-off creating two distinct, independent champions. I wish the Holcim team every success as they begin their next chapter.?
In 2024, Amrize generated $11.7 billion in revenue, a 13 percent CAGR from 2021; and achieved $3.2 billion in Adjusted EBITDA1, a 16 percent CAGR since 2021, with an overall 27 percent Adjusted EBITDA Margin2. The company generated $1.7 billion in Free Cash Flow3 in 2024, a 15 percent CAGR since 2021, and has consistently delivered Adjusted EBITDA Cash Conversion Ratio4 of more than 50 percent each year. The company has completed 36 acquisitions since 2018.
Amrize presented its business strategy and mid-term financial targets at its investor day in New York on March 25. Now an independent, publicly traded company, Amrize will continue to deliver superior performance and value creation with above market growth, margin expansion and leading cash generation. It will pursue a growth-focused strategy with capital allocation prioritizing investments in the business, value accretive M&A and superior shareholder returns.
Company leaders marked the milestone by ringing the NYSE opening bell yesterday at 9:30 am ET. Amrize leaders then visited sites across the U.S. and Canada to celebrate and thank teammates.
EBITDA is defined as Net income (loss), excluding Depreciation, depletion, accretion and amortization, Interest expense, net and Income tax benefit (expense).
1 Adjusted EBITDA is defined as Segment Adjusted EBITDA including unallocated corporate costs. Segment Adjusted
EBITDA is defined as Net income (loss), excluding unallocated corporate costs, Depreciation, depletion, accretion and amortization, Loss on impairments, Other non-operating income (expense), net, Interest expense, net, Income tax benefit (expense), Income from equity method investments, and certain other items, such as costs related to acquisitions, certain litigation costs, restructuring costs, charges associated with non-core sites and certain warranty charges related to a
pre-acquisition manufacturing issue and transaction costs related to the spin-off.
2 Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenues.
3 Free Cash Flow is defined net cash provided by (used in) operating activities plus proceeds from property and casualty
insurance, proceeds from land expropriation and proceeds from disposals of long-lived assets less purchases of property, plant and equipment.
4 Adjusted EBITDA Cash Conversion Ratio is defined as Free Cash Flow divided by Adjusted EBITDA.