Amrize Ltd · NYSE:AMRZ
Amrize — Investor Day (2025)
18 slides from Amrize's investor day presentation, Mar 27, 2025
Slide 1: Market Leadership in Building Materials
Section 2 MARKET LEADERSHIP IN BUILDING MATERIALS Jaime Hill President, Building Materials Mario Cuomo Bridge, NY Amrize inside
Slide 2: Building Materials Overview
BUILDING MATERIALS OVERVIEW $8.3B 2024 Revenues1 ~50% ~50% Cement Aggregates & Other Construction Materials2 18 Cement plants 462 Aggregate operations 141 Cement terminals 269 Ready-mix concrete plants 55 Cementitious product operations 50 Asphalt operations 35 Concrete product sites Gordie Howe Bri
Slide 3: Building Materials Highlights
BUILDING MATERIALS HIGHLIGHTS Unparalleled scale and attractive industry 1 fundamentals Leading cement positions, mineral reserves 2 and logistics Strong aggregate positions with 3 complementary ready-mix 4 Superior track record of profitable growth 23 Boston University, Boston, MA Amrize inside
Slide 4: Unparalleled Scale and Attractive Industry Fundamentals: Market Leader in North American Building Materials
1 UNPARALLELED SCALE AND ATTRACTIVE INDUSTRY FUNDAMENTALS THE MARKET LEADER IN NORTH AMERICAN BUILDING MATERIALS North America’s #1 Cement Company with a highly efficient and extensive logistics network #1 or #2 Market Positions in 85% of Aggregate markets served1 71 Years and 46 Years of Cement and
Slide 5: Pricing Growth Driven by Market Dynamics and Local Leadership
1 UNPARALLELED SCALE AND ATTRACTIVE INDUSTRY FUNDAMENTALS PRICING GROWTH DRIVEN BY MARKET DYNAMICS AND LOCAL LEADERSHIP Limited Natural Resources: Cement and Average Selling Price Aggregates are non-renewable and (USD/ short ton)1 increasingly in demand Cement Aggregates Highly Regulated: Strict per
Slide 6: Our Track Record of Executing on Mega Projects
1 UNPARALLELED SCALE AND ATTRACTIVE INDUSTRY FUNDAMENTALS OUR TRACK RECORD OF EXECUTING ON MEGA PROJECTS $171M $146M Total project revenue Total project revenue 2021 – 2025 2023 – 2025 Golden Pass — Sabine Pass, TX Port Arthur — Port Arthur, TX 130K tons of cement 170K tons of cement 590K cy ready-m
Slide 7: North America's #1 Cement Company
2 LEADING CEMENT POSITIONS, MINERAL RESERVES AND LOGISTICS NORTH AMERICA’S #1 CEMENT COMPANY 25M 71 years Tons sold in 2024 of reserves Leading Water and Rail Transportation Network providing unrivalled flexibility and reliability of supply Ste. Genevieve at the Heart North America’s largest cement
Slide 8: Unmatched Scale and Production Capacity
2 LEADING CEMENT POSITIONS, MINERAL RESERVES AND LOGISTICS UNMATCHED SCALE AND PRODUCTION CAPACITY North America Share of Cement Production Capacity1 1.7x Scale Amrize Plant in Ste. Genevieve, MO 5.5M+ tons of cement capacity Ste. Genevieve Plant in St. Louis, MO Amrize Competitor 1 Competitor 2 Com
Slide 9: Attractive Industry Structure
2 LEADING CEMENT POSITIONS, MINERAL RESERVES AND LOGISTICS ATTRACTIVE INDUSTRY STRUCTURE U.S. Cement Production Volume and Demand (MT)1 Attractive cement market outlook with demand 140 Total U.S. Cement Total U.S. Cement forecasted to outpace supply Production Volume Demand 120 100 Limited increase
Slide 10: Key Investments to Increase Production Capacity & Efficiencies
2 LEADING CEMENT POSITIONS, MINERAL RESERVES AND LOGISTICS KEY INVESTMENTS TO INCREASE PRODUCTION CAPACITY & EFFICIENCIES Hagerstown Plant Ste. Genevieve Plant Skippers Plant St. Constant Plant Maryland Missouri Virginia Quebec Implemented alternative fuel Expansion of flagship plant will Beneficiat
Slide 11: Scaled Aggregates Business
3 STRONG AGGREGATE POSITIONS WITH COMPLEMENTARY READY-MIX SCALED AGGREGATES BUSINESS 462 269 Aggregate operations Ready-mix concrete plants 11B tons Proven Aggregate reserves and resources #1 or #2 Market Positions in 85% of Aggregate markets served1 Extensive Logistics Network 70+ distribution hubs
Slide 12: Pipeline of Mineral Resources Drives Future Growth
3 STRONG AGGREGATE POSITIONS WITH COMPLEMENTARY READY-MIX PIPELINE OF MINERAL RESOURCES DRIVES FUTURE GROWTH Available Aggregates (tons) ~5.5B ~5.4B 11B 46 years of proven reserves in our aggregate business Reserves Resources Total Additional 5.4B tons of resources to be converted to reserves 32 Gor
Slide 13: The Partner of Choice in Ready-Mix
3 STRONG AGGREGATE POSITIONS WITH COMPLEMENTARY READY-MIX THE PARTNER OF CHOICE IN READY-MIX Value added Footprint that includes Ready-mix direct Innovation experts and high performance 269 ready-mix concrete technology offering laboratories to support ready-mix offering plants, of which 26 are driv
Slide 14: Fragmented Markets Create Attractive Bolt-On Opportunities
3 STRONG AGGREGATE POSITIONS WITH COMPLEMENTARY READY-MIX FRAGMENTED MARKETS CREATE ATTRACTIVE BOLT-ON OPPORTUNITIES Aggregate Market Share Ready-Mix Market Share 37% 19% Top 5 Top 5 operators operators 63% 81% All other All other operators operators 28 Acquisitions completed since 2018 34 Source: O
Slide 15: Expansion Projects Supplement Growth Strategy
3 STRONG AGGREGATE POSITIONS WITH COMPLEMENTARY READY-MIX EXPANSION PROJECTS SUPPLEMENT GROWTH STRATEGY Quarry Extension Greenfield Quarry New Ready-Mix Plant Plant Upgrades Ontario Oklahoma Texas West Virginia Unlocked new reserves for largest Develop quarry to supply fast Install new greenfield pl
Slide 16: Strong Growth and Margin Expansion in Building Materials
4 SUPERIOR TRACK RECORD OF PROFITABLE GROWTH STRONG GROWTH AND MARGIN EXPANSION IN BUILDING MATERIALS Revenues Adjusted EBITDA1 Adjusted EBITDA Margin1 +8% +10% +180 CAGR CAGR bps $8.3B $2.6B 30.6% $6.7B $1.9B 28.8% 2021 2024 2021 2024 2021 2024 36 . See appendix for non-GAAP reconciliation. 1
Slide 17: Building Materials Key Takeaways
BUILDING MATERIALS KEY TAKEAWAYS Unparalleled scale and attractive industry fundamentals Leading cement positions, mineral reserves and logistics Strong aggregate positions with complementary ready-mix Superior track record of profitable growth 37 JFK International Airport, Queens, NY Amrize inside
Slide 18: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation (and the information contained herein or provided to you in connection herewith) contains forward-looking statements with respect to the future financial or business performance, strategies, or expectations of Amrize AG (the “Company”). Forward-looking stateme