Harry Dow's questions to Amrize (AMRZ) leadership • Q2 2025
Question
Harry Dow of Rothschild & Co Redburn asked for color on the differing organic growth between Building Materials and Building Solutions, the top-line contribution from the Disensa store network expansion in LatAm, and whether the timeline for net-zero cement projects remains on track.
Answer
CEO Miljan Gutovic discussed the Disensa network as a key channel to accelerate growth in building solutions, providing immediate market access for acquired companies. He affirmed commitment to the net-zero project timelines, citing the recent groundbreaking in Milaki. CFO Steffen Kindler explained the sales growth divergence was a mix issue, as softer markets had a higher share of Building Solutions, but noted the solutions segment still delivered strong 27% EBIT growth in Q2.