On August 7, Amrize Ltd declined 7.85% in regular trading, trading at $47.13/share, with turnover of $159 million.
On the news front, the construction materials supplier reported Q2 adjusted EPS of $0.88, missing the analyst consensus estimate of $0.94 by 6.38%. While revenue of $3.494 billion beat the $3.365 billion estimate, adjusted EBITDA came in at $986 million, approximately 2% below consensus, primarily dragged down by lower margins in the construction materials business segment due to oil-price-driven cost inflation.
The company simultaneously lowered its full-year adjusted EBITDA guidance from a prior range of $3.25-3.34 billion to $3.1-3.2 billion, further undermining investor confidence. Analysts noted that pricing adjustment lag effects are expected to continue pressuring profitability in the second half. Within the Construction Materials sector, James Hardie Industries PLC up 8.57%, CRH PLC up 1.63%, Martin Marietta Materials up 2.22%, Vulcan Materials up 1.08%, Eagle Materials up 0.76%.
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