10 hours ago
Amrize Ltd (AMRZ) Stock: Q2 Profit Rises 14% Despite Higher Fuel and Freight Costs
TLDR Amrize Q2 net income climbed 14.4% to $476 million on stronger project demand. Revenue rose 8.6% to $3.49 billion as major projects increased sales volumes. Adjusted EBITDA increased 5.8%, but higher costs reduced quarterly margins. Amrize expects 2026 revenue of $12.5 billion to $12.7 billion despite inflation. Shares fell to $48.58 after hours as [...]
The post Amrize Ltd (AMRZ) Stock: Q2 Profit Rises 14% Despite Higher Fuel and Freight Costs appeared first on Blockonomi.
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