Brookfield Business Partners Q1 Financial Snapshot

Brookfield Business Partners (TSE:BBU.UN) has released an update.

Brookfield Business Partners has posted its first-quarter financial results for 2024, revealing a net income of $48 million, which is down from $74 million for the same period last year, and an Adjusted EBITDA of $544 million, a decrease from the previous year’s $622 million. The company attributes the results to strong performance in core operations, successful capital recycling initiatives, and the sale of two smaller operations, alongside a quarterly distribution declaration of $0.0625 per unit.

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