Amrize shares fall 15% after spinoff from Holcim, as Holcim shares rise 14%.

From Yahoo Finance: 2025-06-23 16:35:00

Amrize Ltd.’s shares fell in Switzerland after splitting from Holcim Ltd., with the US cement unit closing 15% lower at 39.31 Swiss francs per share while Holcim’s shares closed 14% higher at 54.3 Swiss francs. Analysts cite challenges in the US construction market for Amrize’s performance.

Vontobel analyst Mark Diethelm rates Amrize as a hold, seeing limited upside potential due to the spinoff price. The company’s market capitalization in Zurich is around 22.3 billion Swiss francs. Diethelm views Holcim as a more attractive investment option post-split, with a buy rating.

Amrize is the largest cement provider in the US and Canada, generating $11.7 billion in revenue in 2024. RBC analyst Anthony Codling sees growth potential but notes it may take time for US investors to recognize it. Some Holcim shareholders may sell Amrize stakes due to different value propositions.

CEO Jan Jenisch values the spun-off unit at $50 billion, aiming for growth through mergers and acquisitions in building solutions. Amrize’s shares trade in Zurich and New York under the symbol AMRZ, with inclusion in major Swiss indices to counter potential flowback from investors.

Overall, Amrize’s spinoff from Holcim has led to volatility in share prices, with differing opinions on the company’s prospects and performance in the US construction market. Time will tell how the company navigates these challenges and whether it can deliver on its growth plans.

Read more: Cement Firm Amrize Falls in Spinoff Debut as Holcim Jumps