Julian Radlinger

Julian Radlinger asked about positive pricing in residential shingles despite negative volumes in Building Envelope, and whether easy comps played a role in the strong Q3 Building Materials volumes, implying tougher Q4 comps.

Answer

Jan Jenisch, Chairman and CEO, stated that shingle pricing was a successful step taken early in the year and continued despite market volume declines. For Q4, he advised against speculating on comps, reiterating that the guidance is cautious due to market uncertainties, despite positive project starts in Q3.

Julian Radlinger asked about the drivers of positive pricing in residential shingles despite negative volumes in Building Envelope, and whether Q3's strong building materials volumes benefited from easy year-over-year comparisons.

Answer

Jan Jenisch, Chairman and CEO of Amrize, explained that shingle pricing was set successfully early in the year and held despite volume declines. He advised against speculating on Q4 comparisons, reiterating that the guidance is cautious due to market uncertainties.