Brookfield Business Partners (BBU) Reports Q4 Loss of $0.70, Revenues Miss

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Go back to Brookfield Business Partners (BBU) Reports Q4 Loss of $0.70, Revenues Miss

Brookfield Business Partners Reports 2019 Year End Results

February 6, 2020 6:46 AM EST

BROOKFIELD, News, Feb. 06, 2020 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (Brookfield Business Partners) announced today financial results for the year ended December 31, 2019.

We delivered strong financial performance in 2019, generated over $1.0 billion from monetizations and distributions, and deployed over $2.5 billion into new businesses including Clarios, Genworth Canada and BrandSafway, said Cyrus Madon, CEO of Brookfield Business Partners. Our business today comprises larger-scale operations with more resilient cash flows. With our increased scale, a strong financial position and access to capital we are confident we will... More