Financial Data and Key Metrics Changes - First quarter adjusted EBITDA was $591 million, an increase from $544 million in the prior period [16] - Adjusted EFO for the quarter was $345 million, which included a $114 million net gain from the sale of an offshore oil services operation [16] Business Line Data and Key Metrics Changes - The Industrial segment generated adjusted EBITDA of $304 million, benefiting from $72 million in tax benefits and contributions from a newly acquired electric heat tracing manufacturer [16] - The Business Service segment's adjusted EBITDA was CAD 213 million, up from CAD 205 million in 2024, driven by strong performance in residential mortgage insurance and improved project execution in construction [17] - The Infrastructure Services segment's adjusted EBITDA was $104 million, down from $143 million in the same quarter last year, impacted by the sale of offshore oil services [18] Market Data and Key Metrics Changes - Demand for advanced batteries in the advanced energy storage operation increased, contributing positively to results [17] - The company noted some demand headwinds in parts of Europe and softness in discretionary demand [14] Company Strategy and Development Direction - The company aims to own market-leading businesses and enhance their performance and cash flows, focusing on capital recycling and strategic acquisitions [4][5] - The strategy includes investing in areas like relocalization and digitalization, with a strong emphasis on the U.S. market as an attractive destination for capital [6][7] - The company is positioned to take advantage of growth opportunities and has recently agreed to acquire Antilia Scientific, a manufacturer of critical lab consumables [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating economic cycles and adapting to changes, despite potential impacts from tariffs and global growth downturns [5][11] - The company is preparing for a more uncertain outlook over the next 12 to 18 months, while recognizing the resilience of its businesses [14][15] Other Important Information - The company ended the quarter with approximately CAD 2.3 billion in liquidity at the corporate level, allowing for continued buybacks and strategic investments [19] - A $250 million repurchase program was launched, with $140 million already returned to shareholders [4][19] Q&A Session Summary Question: Impact of tariffs on Dexco's EBITDA - Management indicated that while there are signs of recovery in North America, the market remains muted, and they are managing costs effectively to improve margins [22][23] Question: Status of Clarios' tax filing - Management confirmed that there are no changes in views regarding tax credits, and the tax return for 2024 is being processed normally [24][25] Question: Plans for returning capital to shareholders - The company is exploring monetization opportunities and may consider a larger share buyback program, depending on market conditions [26][28] Question: Realignment at Scientific Games - Management highlighted significant opportunities in digitizing the lottery ecosystem and has appointed a new head of digital to drive this initiative [32][33] Question: Participation in Barclays payments business - The company confirmed participation in the Barclays investment, aligning with its strategy in financial infrastructure [35][36] Question: Performance of Unidos in Brazil - The fleet management side of Unidos is performing well, with stable pricing, while the car rental side is also doing fine despite rising interest rates [46][49]

THREE MONTHS ENDED MARCH 31, 2025 Important Cautionary Notes All amounts in this Supplemental Information are in U.S. dollars unless otherwise specified. Unless otherwise indicated, the statistical and financial data in this document is presented as at March 31, 2025. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION Note: This Supplemental Information contains "forward-looking information" within the meaning of Canadian provincial securities laws and "forward-looking statements" wit ...

EXHIBIT 99.1 Brookfield Business Partners Reports 2024 Year End Results BROOKFIELD, News, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today financial results for the year ended December 31, 2024. "Our business had another successful year in 2024. We generated over $2 billion from our capital recycling initiatives, acquired two market-leading operations and achieved solid financial results," said Anuj Ranjan, CEO of Brookfield Business Partner ...

Core Points - Brookfield Business Partners L.P. has filed its 2024 annual report on Form 20-F, including audited financial statements for the year ended December 31, 2024, with the SEC and Canadian securities authorities [1] - The company focuses on owning and operating high-quality businesses that provide essential products and services, benefiting from a strong competitive position [2] - Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management's Private Equity Group, which manages over $1 trillion in assets [3] Company Information - Investors can invest in Brookfield Business Partners either through the limited partnership (NYSE:BBU, TSX:BBU) or the corporation (NYSE, TSX:BBUC) [2] - Previous audited annual and unaudited quarterly reports have been filed and are available on the company's website [4]

Performance Metrics - The company evaluates its performance using net income attributable to unitholders and Adjusted EFO, with Adjusted EFO being a key measure for assessing performance and resource allocation decisions [26]. - Adjusted EBITDA is defined as net income and equity accounted income at the company's economic ownership interest, excluding various expenses, and is critical for assessing overall operating performance [27]. - The company emphasizes the importance of understanding and evaluating core underlying financial performance through non-IFRS measures [28]. Financial Reporting - The financial information is presented in United States dollars and prepared in accordance with IFRS, with all figures being unaudited unless otherwise indicated [24]. Forward-Looking Statements - Forward-looking statements include expectations regarding operations, financial condition, and performance, with potential risks that could cause actual results to differ materially [32]. - The company cautions that forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ significantly [38]. - The company undertakes no obligation to publicly update or revise forward-looking statements except as required by law [38]. Risks and Uncertainties - Factors that could impact future results include economic conditions, competition, integration of acquisitions, and changes in laws or policies [34]. - The company is subject to various risks including labor disruptions, litigation, and cybersecurity incidents that could affect its operations [34]. - The company is subject to significant operational and business risks, including reliance on third-party service providers and potential catastrophic events such as earthquakes and pandemics [36]. - The company may face significant liabilities and penalties due to compliance with federal, state, and foreign anti-corruption and trade sanctions laws [36]. - Future sales or issuances of securities could result in dilution of existing holders, potentially depressing the trading price of LP Units or BBUC exchangeable shares [36]. - There is a risk of conflicts of interest between the company and its unitholders, particularly in relation to Brookfield's influence [36]. - The company may become regulated as an investment company under the Investment Company Act, which could impose additional operational constraints [36]. - Changes in tax law and practice could impact the company's financial performance and obligations [36]. - The lack of unitholder voting rights on management decisions may limit their influence over the company's operations [36]. Strategic Actions - The company has a diversified portfolio, including interests in business services, infrastructure services, and industrial operations [22]. - The company utilizes a Master Services Agreement with affiliates to provide various services, enhancing operational efficiency [25]. - The company has previously engaged in strategic actions such as spin-offs and special distributions to optimize its capital structure [25].

BROOKFIELD, NEWS, March 31, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Corporation ((NYSE, TSX:BBUC) today announced that it has filed its 2024 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2024, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR+. These documents are also available on our website at https://bbu.brookfield.com/bbuc in the Reports & Filings section and a hard copy will be provided to shareholders free ...

Date: Friday, January 31, 2025 Time: 10:00 a.m. (Eastern Time) BROOKFIELD NEWS, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners will host its Fourth Quarter 2024 Conference Call & Webcast on Friday, January 31, 2025 at 10:00 a.m. (ET) to discuss results and current business initiatives. Results will be released on Friday, January 31, 2025 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call o ...

Company Overview - Brookfield Business Partners L.P. (BBU) is a notable stock in the Business Services sector, which consists of 305 individual stocks and ranks 4 in the Zacks Sector Rank [2][4] - BBU currently holds a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperforming the market [3] Performance Metrics - Over the past 90 days, the Zacks Consensus Estimate for BBU's full-year earnings has increased by 20.3%, reflecting improved analyst sentiment [4] - Year-to-date, BBU has returned approximately 26.6%, outperforming the average gain of 25.3% for Business Services stocks [4] - In comparison, Klaviyo, Inc. (KVYO) has achieved a return of 34.2% since the beginning of the year, with a consensus EPS estimate increase of 343.8% over the past three months [5] Industry Context - BBU is part of the Business - Services industry, which includes 24 companies and currently ranks 75 in the Zacks Industry Rank; this industry has seen an average loss of 2.9% year-to-date [6] - In contrast, Klaviyo, Inc. belongs to the Technology Services industry, which has performed significantly better with a year-to-date increase of 55.1% and ranks 56 [6] Investment Outlook - Investors interested in Business Services stocks should monitor both Brookfield Business Partners L.P. and Klaviyo, Inc. for their continued strong performance [7]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: Brookfield Business Partners L.P. (BBU) - BBU has shown a price increase of 17.9% over the past four weeks, indicating growing investor interest [3] - The stock gained 37.5% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - BBU has a beta of 1.48, suggesting it moves 48% higher than the market in either direction [4] - The stock has a Momentum Score of B, indicating a favorable time to invest [5] - BBU has a Zacks Rank 1 (Strong Buy) due to upward trends in earnings estimate revisions, which attract more investors [6] - The stock is trading at a Price-to-Sales ratio of 0.04, meaning investors pay only 4 cents for each dollar of sales, indicating a reasonable valuation [6] Group 3: Additional Investment Opportunities - Besides BBU, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - Zacks offers over 45 Premium Screens to help identify potential winning stock picks based on various investing styles [8]

Brookfield Business Partners L.P. (BBU) closed the last trading session at $23.56, gaining 4.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $29.46 indicates a 25% upside potential.The average comprises six short-term price targets ranging from a low of $22.40 to a high of $35, with a standard deviation of $5.39. While the lowest estimate indicates a decline of 4.9% from the cur ...