Welcome to our dedicated page for Brookfield Business Partners news (Ticker: BBU), a resource for investors and traders seeking the latest updates and insights on Brookfield Business Partners stock.
Brookfield Business Partners LP (BBU) operates globally across business services, infrastructure, and industrial sectors, focusing on essential operations with sustainable competitive advantages. This page provides investors and stakeholders with direct access to official press releases, financial updates, and strategic developments.
Find timely updates on earnings reports, mergers & acquisitions, leadership changes, and operational milestones. Our curated collection ensures you stay informed about BBU's initiatives in critical markets worldwide, from North America to emerging economies.
Key areas covered include cost-efficiency improvements, infrastructure project developments, and portfolio diversification efforts. Bookmark this page for streamlined access to verified information supporting informed analysis of BBU's performance in complex industrial and service sectors.
Brookfield Business Partners (BBU) has announced its 2024 Second Quarter Conference Call and Webcast for investors and analysts.
The event is scheduled for August 2, 2024, at 10:00 a.m. (Eastern Time).
Results will be released earlier that day before 8:00 a.m. (Eastern Time) on their website.
Participants can join the conference call by pre-registering to obtain a dial-in number, passcode, and unique PIN, or join via webcast.
Brookfield Business Partners, a global business services and industrials company, is the flagship vehicle of Brookfield Asset Management’s Private Equity Group, which manages over $925 billion in assets.
Brookfield Business Partners (BBU) announced strong first-quarter financial results for 2024, with $300 million in net proceeds from capital recycling initiatives. The company's Adjusted EBITDA was $544 million, a decrease from the prior year, due to the sale of a nuclear technology services operation. While the Industrials segment saw improved performance, the Infrastructure Services segment faced challenges. Strategic initiatives included agreements to sell operations and refinancing activities. With $1.6 billion in liquidity, the company declared a quarterly distribution of $0.0625 per unit.
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