Amrize names Samuel J. Poletti as CFO as Baris Oran steps down

Amrize (NYSE:AMRZ) appointed Samuel J. Poletti as CFO, replacing Baris Oran. Poletti previously led Amrize's spin-off from Holcim. The company also named Dillon Cumming as VP of Investor Relations. Amrize reported $11.8B revenue in 2025 and operates 1,000 sites with 19,000 employees.

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.