Glynis Johnson

Glynis Johnson followed up on the ASPIRE program, asking how much of the Q3 margin improvements and lower non-allocated costs were attributable to ASPIRE, or if its impact would primarily be from Q4 onwards.

Answer

Ian Johnston, CFO, stated that the ASPIRE program had a very limited impact in Q3. He expects positive impacts to begin materializing in Q4 and fully into 2026, aiming for 50 basis points of margin expansion.

Glynis Johnson followed up on the Aspire program, asking how much of the Q3 margin improvements and lower non-allocated costs were attributable to the program.

Answer

Ian Johnston, CFO of Amrize, stated that while Aspire program actions were underway, very limited positive impact was seen in Q3. He expects materialization from Q4 onwards, with the full 50 basis points margin expansion beginning in 2026.