amrize Set for Public Debut

Holcim’s strategic move to spin off its North American business, now known as Amrize, is progressing as planned, with an Initial Public Offering (IPO) anticipated by the close of the first half of this year [[1]]. The company has unveiled its growth strategy and the executive leadership team that will guide its operations in the North American market [[2]].

Financial foundation for Independence

Amrize has secured the necessary financial resources to operate independently, boasting $5.1 billion in committed funding and a $2.0 billion line of credit. This financial strength positions the company for strategic growth and market leadership [[1]].

Ambitious Growth Targets through 2028

looking ahead, Amrize has set ambitious financial targets for the medium term. The company aims to increase its adjusted gross operating result (EBITDA) by 8% to 11% and achieve turnover growth of 5% to 8%. Furthermore, Amrize anticipates a cumulative available cash flow exceeding $8 billion. The company also intends to distribute dividends and pursue strategic acquisitions [[3]].

amrize is targeting robust growth in earnings and sales through 2028.

Strong Performance in 2024

Amrize demonstrated robust financial performance in the past year, reporting a turnover of $11.7 billion and an adjusted EBITDA of $3.2 billion, resulting in a margin of 27%. These figures highlight the strength and profitability of the North American operations [[1]].

Leadership Team Announced

The designated executive leadership team has been appointed, marking a significant step towards the spin-off. Ian Johnston has been named as the Chief Financial Officer of Amrize. The leadership team comprises ten individuals, with Jan Jenisch, Chairman of the Board of Directors of Holcim, also assuming the role of Chairman for Amrize [[2]].

Strategic Rationale for the Spin-Off

Holcim initially announced its intention to separate from its North American operations over a year ago, with plans to list them on the stock market as an entirely independent entity in 2025. this strategic decision is expected to unlock value and enable both Holcim and Amrize to pursue their respective growth strategies more effectively [[1]].