Brookfield Business Partners (BBU) Reports Q2 Loss of $0.73/sh

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Go back to Brookfield Business Partners (BBU) Reports Q2 Loss of $0.73/sh

Brookfield Business Partners Reports Second Quarter 2020 Results

August 6, 2020 6:46 AM EDT

BROOKFIELD, News, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (Brookfield Business Partners) announced today financial results for the quarter ended June 30, 2020.

Our business faced challenging conditions during the second quarter as a result of the global economic shutdown. We addressed this unprecedented situation by rapidly reducing costs, maximizing liquidity and implementing measures to protect employees," said Cyrus Madon, CEO of Brookfield Business Partners. Activity levels at virtually all our operations increased as we entered the third quarter reflecting the essential nature of products and... More