May. 2 at 11:36 AM
$BBU Brookfield Business Partners reports Q1 EPS 38c vs. 23c last year
Reports Q1 revenue
$6.75B vs.
$12.02B last year. "We had an active start to the year, generating over
$1.5 billion from our capital recycling initiatives, progressing the acquisition of two market-leading industrial operations and investing approximately
$140 million to repurchase our units and shares," said Anuj Ranjan, CEO of Brookfield Business Partners.
"During periods of uncertainty and volatility, our consistent strategy of owning market leading businesses and executing on our operational improvement plans is more important than ever. With the enhanced strength of our balance sheet, we are well positioned to support our capital allocation priorities and continue compounding long-term value for our investors."
