Earnings release
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Brookfield Press Release Brookfield Business Partners Reports Second Quarter 2021 Results Brookfield , News , August 6 , 2021 Brookfield Business Partners L.P. ( NYSE : BBU ) ( TSX : BBU.UN ) ( " Brookfield Business Partners ” ) announced financial results for the quarter ended June 30 , 2021 . " We are pleased with our strong second quarter results and progress on our growth initiatives , " said Cyrus Madon , CEO of Brookfield Business Partners . " We reached agreements to acquire three new businesses and announced plans to adapt our corporate structure that should broaden our investor appeal . " Three Months Ended June 30 , US $ millions ( except per unit amounts ) , unaudited Net income ( loss ) attributable to unitholders¹ 2021 2020 Six Months Ended June 30 , 2021 2020 $ ( 15 ) $ ( 109 ) $ 515 $ ( 235 ) Net income ( loss ) per limited partnership unit² , 3 $ ( 0.63 ) $ ( 0.73 ) $ 2.94 $ ( 1.57 ) Company EBITDA 1,5 $ 381 $ 286 $ 768 $ 580 Company FFO¹4 $ 356 $ 173 $ 901 $ 367 Company FFO per unit² $ 2.40 $ 1.15 $ 6.07 $ 2.44 Company FFO , excluding gain ( loss ) , net of acquisitions / dispositions 1,4 $ 207 $ 173 $ 424 $ 325 Company FFO , excluding gain ( loss ) , net of acquisitions / dispositions per unit² $ 1.40 $ 1.15 $ 2.86 $ 2.16 Company EBITDA for the three months ended June 30 , 2021 was $ 381 million compared to $ 286 million for the comparative three months last year . This reflected increased contribution from our Business Services and Industrials segments , partially offset by Infrastructure Services . For the three months ended June 30 , 2021 Company FFO was $ 207 million ( $ 1.40 per unit ) compared to $ 173 million ( $ 1.15 per unit ) in the prior year on a comparable basis excluding the benefit of gains on dispositions . Net loss attributable to unitholders for the three months ended June 30 , 2021 was $ 15 million ( loss of $ 0.63 per unit ) compared to net loss of $ 109 million ( loss of $ 0.73 per unit ) for the three months ended June 30 , 2020. Prior year results included provisions related to the global economic shutdown , partially offset by mark- to - market gains on financial assets including public securities investments . Brookfield Business Partners L.P. 1