Brookfield Business Corporation (BBUC) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to the Brookfield Business Partners first quarter 2025 results conference call and webcast. As a reminder, all participants are in a listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, simply press star 11 on your touchtone phone. Now, I would like to turn the conference over to Alan Fleming, head of investor relations. Please go ahead, Mr. Fleming. Thank you, operator, and good morning. Before we begin, I'd like to remind you that in responding to questions and talking about our growth initiatives and our financial and operating performance, we may make forward-looking statements. These statements are subject to known and unknown risks, and future results may differ materially. For further information on known risk factors, I encourage you to review our filings with the securities regulators in Canada and the U.S., which are available on our website. We'll begin the call today with an update on business performance and our strategic initiatives from Anuj Ranjan, our chief executive officer. Adrian Letts, head of our business operations team, will then be on to share some perspective on the current operating environment. We'll end the call with Jaspreet Del, our chief financial officer, providing a review of our financial results. After we finish our prepared remarks, the team will be available to take your questions. And with that, I'd like to now pass the call over to Anuj. Thanks, Alan, and good morning, everyone. Thank you all for joining us on the call today. We've had a good start to the year, generating over $1.5 billion from our capital recycling initiatives and committing $370 million to acquire two market-leading industrial businesses. W...