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This is really stepping back closer to the spoils system…politically based enforcement of laws, politically based provision of services," John Hatton said.

Amrize AG ( AMRZ) Q4 2025 Earnings Call February 18, 2026 8:30 AM EST Hello, and welcome to the Amrize Q4 2025 Earnings Conference Call. Also, as a reminder, this conference is being recorded today.