LOGO
LOGO

Quick Facts

Brookfield Infrastructure Partners Q1 FFO, Revenue Rise

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Brookfield Infrastructure Partners L.P. (BIP_UN.TO) Wednesday reported funds from operations (FFO) for the first quarter of $646 million or $0.82 per unit, higher than $615 million or $0.78 per unit in the same quarter a year ago.

Net income was $125 million or $0.04 per unit, down from $170 million or $0.10 per unit last year.

Revenue for the quarter increased to $5.392 billion from $5.187 billion in the previous year.

The company's Board has declared a quarterly distribution of $0.43 per unit, 6% up from last year, payable on June 30, to unitholders of record on May 30.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.