Julia Radlinger

Julia Radlinger sought color on Amrize's Building Envelope segment earnings for 2026. Given the guidance for overall positive volumes (commercial up, residential flat), she asked if the company expects Building Envelope EBITDA to also increase in 2026.

Answer

Chairman and CEO Jan Jenisch confirmed that the company's overall EBITDA growth guidance of 8%-11% for 2026 applies to both the Building Materials and Building Envelope segments. He highlighted strong programs, including Aspire, to increase efficiencies in Building Envelope, and stated that Amrize is targeting positive price over cost growth for the segment in 2026.

Julia Radlinger sought color on Amrize's Building Envelope earnings for 2026, specifically asking about expected margins and if EBITDA for the segment is projected to increase, given the guidance for positive overall volumes (commercial up, residential flat).

Answer

Jan Jenisch, Chairman and CEO, indicated that the overall EBITDA growth guidance of 8%-11% for the year applies to both Building Materials and Building Envelope segments. He highlighted strong programs, including Aspire, to increase efficiencies in Building Envelope and stated the target is to achieve positive price over cost growth in the segment for 2026.