Reported 4 days ago
Holcim's upcoming North American spin-off, Amrize, is focusing on substantial growth in its earnings and sales through 2028, targeting annual EBITDA growth of 8-11% and sales growth of 5-8% despite a sluggish market affected by trade disputes and high interest rates. With plans for a listing in mid-2025, Amrize aims to leverage its strong domestic cement presence and invest strategically for growth amidst ongoing challenges in the US construction sector.
Source: YAHOO