Amrize names Samuel Poletti as chief financial officer

Amrize Ltd (AMRZ) appointed Samuel J. Poletti as CFO, effective August 24, 2026, replacing Baris Oran, who is stepping down for personal reasons. Poletti, 45, previously served as Chief Strategy and M&A Officer at Amrize and held roles at Holcim. Oran will remain an employee until August 24, 2027, per a 12-month notice period.

Amrize Inc (AMRZ) shares dropped 3.9% after hours as CFO Baris Oran resigned. Samuel J. Poletti, former Chief Strategy and M&A Officer, will replace Oran. Poletti led Amrize's spin-off and has extensive M&A experience. Dillon Cumming was appointed VP of Investor Relations, effective September 8.

Amrize AG (AMRZ) reported Q2 2026 revenue of $3.49B, up 8.6%, and net income of $476M, up 14.4%, with adjusted EBITDA of $986M. Management raised fiscal 2026 revenue guidance to $12.5B-$12.7B but revised adjusted EBITDA to $3.1B-$3.2B due to oil-driven cost inflation. The company cited data center and infrastructure demand.

Amrize (NYSE: AMRZ) reported Q2 2026 adjusted EPS of $0.88, below the $0.94 consensus estimate. Revenue rose 8.51% to $3.494 billion, beating the $3.365 billion expectation. Net income increased 14.4% to $476 million. The company raised FY2026 revenue guidance to $12.5B-$12.7B but lowered adjusted EBITDA guidance to $3.1B-$3.2B due to cost inflation.

RBC downgraded Amrize after a rare Q2 miss and reduced guidance, citing a timing mismatch between input-cost increases and the full pass-through of surcharges and price hikes. RBC cut 2026-2028 EBITDA estimates by 4%, 6%, and 7% and EPS by 12%, 14%, and 15%, lowering its stock rating to underperform and price target to $48 from $60.

Amrize Ltd (AMRZ) reported Q2 2026 earnings call highlights citing strong revenue growth and raised guidance. Management said oil-driven cost inflation pressured margins, with adjusted EBITDA up 5.8% but lagging revenue. Cement pricing was slightly down 0.2% YoY in Q2, and full-year adjusted EBITDA guidance was revised to $3.1-$3.2 billion.