Brookfield Business Partners, including Brookfield Business Corporation (BBUC), announced financial results for the quarter ended March 31, 2025. Net income attributable to Unitholders increased to $80 million, or $0.38 per limited partnership unit, compared to $48 million, or $0.23 per unit, in the prior period.
Adjusted EBITDA for the quarter was $591 million, an increase from $544 million in the prior period, reflecting strong contributions from the Industrials and Business Services segments. The Industrials segment's Adjusted EBITDA rose to $304 million, benefiting from $72 million in tax benefits and the recent Chemelex acquisition.
For BBUC specifically, the net loss attributable to Brookfield Business Partners for the quarter was $58 million, a reduction from a net loss of $150 million in the same period of 2024. The company also reported revenue of US$1.97 billion, an increase of 5.4% from the first quarter of 2024, and repurchased approximately $140 million of units and shares.
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