Brookfield Business Partners reports net income of $80 million, acquiring industrial operations
From GlobeNewswire: 2025-05-02 06:45:00
Brookfield Business Partners reported financial results for the quarter ended March 31, 2025, with a net income of $80 million and Adjusted EBITDA of $591 million. The company made progress on acquiring two industrial operations and invested $140 million in unit repurchases. The Industrials segment generated Adjusted EBITDA of $304 million.
Brookfield Business Corporation reported a net loss of $58 million for the quarter ended March 31, 2025. The company declared a quarterly dividend of $0.0625 per share. Each exchangeable share of the corporation is designed to provide an economic return equivalent to one unit of Brookfield Business Partners. The corporation’s consolidated assets totaled $19,299 million.
Investors are advised to carefully review the company’s financial statements and disclosures, as forward-looking statements may be subject to change based on various factors beyond the company’s control. Adjusted EBITDA is a useful measure to assess the financial performance of Brookfield Business Partners and should not be used as a substitute for financial statements prepared in accordance with IFRS.
Read more at GlobeNewswire:: Brookfield Business Partners Reports First Quarter 2025
