Amrize Unveils Bold North American Growth Blueprint Ahead of U.S. Listing

Holcim Files Form 10 for Amrize Spin-Off, Poised to Become North America’s Leading Building Solutions Company

(IN BRIEF) Amrize is set to host its Investor Day in New York today at 9:00 a.m. Eastern Time, where it will outline its business strategy, growth plans, and mid-term financial targets as it prepares for its planned U.S. listing by the end of the first half of 2025. Focused exclusively on the North American market, Amrize will leverage its extensive network of over 1,000 sites to serve the booming construction market, which is projected to reach $2 trillion in annual spending. The company has demonstrated a strong financial performance, with 2024 revenues of $11.7 billion and $3.2 billion in adjusted EBITDA, supported by consistent value creation and strategic acquisitions since 2018. During the event, Amrize will present its plans to drive further growth through a capital allocation strategy that emphasizes both organic and inorganic investments, backed by robust financing arrangements including a $5.1 billion bridge loan and a $2.0 billion credit facility. The webcast, which includes presentations from senior executives and a live Q&A session, is available virtually, with further financial details accessible via the company’s Form 10 Registration Statement on the investor website.

(PRESS RELEASE) ZUG, 25-Mar-2025— /EuropaWire/ — Holcim (SWX: HOLN), a global leader in innovative and sustainable building solutions, announces that it’s soon-to-be independent North American business spun off, Amrize0, is set to unveil its strategic vision at its Investor Day in New York today at 9:00 a.m. Eastern Time. During the event, the company will present an in-depth overview of its business model, growth strategy, capital allocation priorities, and mid-term financial targets, ahead of its planned U.S. listing by the end of H1 2025.

At the heart of Amrize’s investment case lies a relentless 100% focus on the North American market. As the largest building solutions company dedicated exclusively to this region, Amrize offers a comprehensive range of advanced building solutions that span every stage of construction—from foundation to rooftop. With the North American construction market expected to generate approximately $2 trillion in annual spending, Amrize is uniquely positioned to serve diverse sectors, including infrastructure, commercial, and residential, whether for new builds or repair and refurbishment projects.

Complementing its market focus, Amrize boasts an unparalleled operational footprint, with over 1,000 sites and facilities strategically located across the U.S. and Canada. This extensive network not only enhances its distribution and logistics capabilities but also reinforces its strong mineral reserves in the most attractive and fast-growing markets, positioning the company for long-term success.

Amrize’s impressive track record of value creation is highlighted by its robust financial performance. In 2024, the company delivered $11.7 billion in revenue and $3.2 billion in adjusted EBITDA, reflecting healthy compound annual growth rates (CAGRs) since 2021. Furthermore, its consistent free cash flow generation—coupled with over 35 value-accretive acquisitions since 2018—underscores its ability to drive margin expansion and deliver superior shareholder returns.

Looking ahead, Amrize is committed to unlocking the next phase of growth by focusing on value-added solutions, optimizing market-based pricing, and leveraging operational synergies. The company will invest in both organic and inorganic growth initiatives, supported by a growth-oriented capital allocation strategy. With a strong balance sheet, an investment-grade credit rating, and secured financing—including a $5.1 billion bridge loan and a $2.0 billion committed credit facility—Amrize is well-positioned to sustain its expansion while driving long-term shareholder value.

At Investor Day, Amrize’s leadership will share its mid-term financial targets for FY2025-FY2028, which include revenue growth with a CAGR of 5% to 8%, an adjusted EBITDA CAGR of 8% to 11%, cumulative free cash flow exceeding $8 billion, and cash conversion rates of over 50%. Presentations from top executives, along with a live Q&A session, will be streamed virtually, and replay options will be available on Holcim’s spin-off investor website.

Additional details, including alternative performance measures and historical financial statements, are available in Amrize’s Form 10 Registration Statement, which can be accessed on the investor website.

Learn more about Amrize.

Alternative Performance Measures definitions and reconciliations

This press release and other communications to investors contain certain financial measures of historical and future performance and financial positions that are not defined or specified by IFRS or that have been prepared under a different accounting standard than IFRS. Management believes that these alternative performance measures are useful information to help describe the performance of Amrize. 

The audited historical combined financial statements for Amrize and its subsidiaries for 2022 to 2024 (“Amrize Historical Financial Statements”) as contained in Amrize’s Form 10 Registration Statement (“Form 10”) and referred to in this press release were prepared on a “carve-out” basis in connection with the expected spin-off, and have been derived from the consolidated financial statements and historical accounting records of Holcim Ltd. The financial information for Amrize differs from the financial information presented in annual reports published by Holcim Ltd since the Amrize Historical Financial Statements as well as the financial information referred to in this press release (with the exception of the alternative performance measures set out under footnotes 2 to 6 below) have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), while the financial information in the annual reports published by Holcim Ltd is prepared under International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”). For more information on Amrize Historical Financial Statements, the unaudited pro forma combined financial Information for 2024, and their respective basis of preparation, as well as comparative information for the respective prior-year periods of the financial measures referred to in this press release, please refer to the Form 10 (available at https://www.holcim.com/sites/holcim/files/docs/amrize_form10_registration_statement.pdf). 

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SOURCE: HOLCIM