BUZZ-Amrize shares fall as Q3 EBITDA misses expectations and full-year guidance is lowered

October 29 - ** Building materials company Amrize (AMRZ.S) saw its shares listed in Switzerland fall 4.1% in pre-market trading after the company reported third-quarter adjusted EBITDA below expectations and cut its fiscal 2026 guidance

** Amrize lowered its full-year adjusted EBITDA guidance from the previous expectation of $3.1 billion to $3.2 billion to a new range of $2.95 billion to $3.05 billion. Vontobel pointed out that the new outlook is 3% below market consensus

** Third-quarter adjusted EBITDA increased slightly by 0.2% to $1.076 billion, missing the consensus estimate of $1.083 billion

** Vontobel said the miss was mainly due to a weak residential roofing business and a drop in building materials sales

** The brokerage said the magnitude of the EBITDA guidance reduction exceeded expectations and the market will have a “clearly negative” reaction, but firm pricing trends offer a positive signal for fiscal 2027

** As of the close of the previous session, the company's share price had fallen 23.5% so far this year​

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