Brookfield Corporation(BN)

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Brookfield Corporation Announces Pricing of $500 Million Notes Due 2055
GlobeNewswire· 2025-02-27 22:57
Core Viewpoint - Brookfield Corporation has announced a public offering of $500 million in senior notes due 2055, with an interest rate of 5.813% per annum [1][2]. Group 1: Offering Details - The notes will be issued by Brookfield Finance Inc., a wholly owned subsidiary of Brookfield, and will be fully guaranteed by Brookfield [2]. - The net proceeds from the sale will be utilized for general corporate purposes [2]. - The offering is expected to close on March 3, 2025, pending customary closing conditions [2]. Group 2: Regulatory Information - The notes are being offered under Brookfield's existing base shelf prospectus filed in the U.S. and Canada [3]. - In the U.S., the offering is made pursuant to an effective registration statement on Form F-10 filed with the U.S. Securities and Exchange Commission [3]. Group 3: Company Overview - Brookfield Corporation is a leading global investment firm focused on building long-term wealth through three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, business and industrial services, and real estate [5]. - The company has a track record of delivering over 15% annualized returns to shareholders for more than 30 years, supported by extensive operational experience and a conservatively managed balance sheet [6].
Danone: Strong FY 2024 results; Entering the next chapter of Renew with confidence
GlobeNewswire· 2025-02-26 06:30
Core Insights - The company reported strong FY 2024 results, achieving a like-for-like sales growth of +4.3% despite a reported sales decrease of -0.9% due to scope and forex impacts [2][8][24] - The recurring operating margin improved to 13.0%, up +39 basis points from the previous year, driven by operational improvements and reinvestments [2][16][21] - Net income attributable to the Group increased significantly by +129.4% to €2,021 million, with reported EPS rising by +130.2% to €3.13 [2][19][21] Financial Performance - FY 2024 sales were €27,376 million, down from €27,619 million in FY 2023, with a like-for-like growth of +4.3% driven by a +3.0% increase in volume/mix and +1.3% in price [2][8][55] - Recurring operating income rose to €3,558 million, reflecting a +2.2% increase from €3,481 million in FY 2023 [2][19] - Free cash flow reached a record level of €3,003 million, up +14.0% from €2,633 million in the previous year [2][22] Segment Performance - North America saw a like-for-like sales growth of +7.7%, driven by strong performance in High Protein, Coffee Creations, and Waters [10] - Sales in China, North Asia & Oceania increased by +6.8% on a like-for-like basis, with strong volume/mix growth of +9.8% [11] - Latin America reported a +4.7% increase in like-for-like sales, with notable growth in Specialized Nutrition and Waters [12] Strategic Focus - The company emphasized a renewed focus on health-driven products and science-based innovation to capture long-term market opportunities [5][6] - A commitment to value creation and disciplined capital allocation has led to a significant improvement in return on invested capital (ROIC), now back in double-digit territory [4][5] - The company plans to buy back 2.7 million shares in 2025 to offset dilution from employee capital increases and long-term incentive plans [25] Future Guidance - For 2025, the company expects like-for-like sales growth between +3% and +5%, with recurring operating income anticipated to grow faster than sales [24]
Danone and NGOs ClientEarth, Surfrider Foundation Europe and Zero Waste France end the legal proceedings concerning Danone’s vigilance plan regarding plastic
GlobeNewswire· 2025-02-21 17:02
Core Points - Danone has reached an agreement with NGOs ClientEarth, Surfrider Foundation Europe, and Zero Waste France to end legal proceedings regarding its vigilance plan on plastic [1][2] - The agreement includes a reinforced vigilance plan that details the consequences of plastic packaging use and outlines Danone's actions to reduce, reuse, recycle, and recover plastic [2] - Danone emphasizes the importance of open dialogue with NGOs to address complex challenges and encourages collective mobilization among all stakeholders to overcome systemic obstacles to a circular economy [3][4] Company Overview - Danone is a leading global food and beverage company focused on health-oriented categories, generating €27.6 billion in sales in 2023 and employing nearly 90,000 people [5] - The company operates in over 120 markets and has a diverse portfolio of international and regional brands, including Actimel, Activia, and evian [5] - Danone aims to achieve B CorpTM certification globally by 2025 and is included in various sustainability indexes [5]
Brookfield Renewable Partners: Punished Unit Price But My Favorite 2025 Renewable Pick
Seeking Alpha· 2025-02-19 16:49
Ever since Trump won the 2024 US election the stock price of Brookfield Renewable Partners (NYSE: BEP ) has been in decline. It's trading in the lower range of the past 52 weeks. Albeit the nextMy name is Maxime and I like to write about finances and share my views on various companies and their potential as an investment opportunity. My preferred sector is industrial. I live and work in Europe and we have a very long and proud history of being an industrial superpower so I guess it comes naturally. I have ...
Brookfield Infrastructure: Data-Driven Growth With An Attractive Yield
Seeking Alpha· 2025-02-19 15:15
Brookfield Infrastructure (NYSE: BIP ) (NYSE: BIPC ) stands to benefit from the coming growth of the data and digital infrastructure required across the world. The diversified partnership has significant investments across the transportation, midstream, utility, and data sectors rangingMountain Valley Value Investments specializes in identifying undervalued companies with strong growth potential across various sectors. Focused on long-term value and buying at the right price, we leverage deep industry insig ...
This Magnificent Wealth-Creating Stock Has an Estimated $30 Billion Bonanza Hiding in Plain Sight
The Motley Fool· 2025-02-19 12:22
Brookfield Corporation (BN 0.64%) has been an epic wealth-compounding machine over the decades. The global investment firm has delivered a 19% compound annual return during the past 30 years. At that rate, it would have grown a $10,000 investment into over $1.8 million.The company is in an excellent position to continue enriching its shareholders in the coming years. One factor driving that promise is the carried interest hidden within its asset management business. CEO Bruce Flatt wrote about this "hidden ...
This Top Stock Continues to Look More Like Berkshire Hathaway
The Motley Fool· 2025-02-16 10:42
Core Viewpoint - Brookfield Corporation has consistently outperformed the market, achieving an 18% annualized return over the last 30 years, surpassing both Berkshire Hathaway and the S&P 500 [1] Group 1: Investment Strategy - Brookfield Corporation has adopted a strategy similar to that of Berkshire Hathaway, positioning itself to deliver strong returns for investors [2] - The company began as an owner/operator of real assets and has expanded into managing capital for outside investors, leading to the establishment of Brookfield Asset Management [4] - Brookfield has entered the insurance industry, increasing its insurance assets from $2 billion to over $120 billion in four years, providing a growing capital float for investments [5] Group 2: Growth Projections - Brookfield aims to grow its insurance assets to around $300 billion in five years, which is expected to triple its annual earnings capacity [7] - The company anticipates generating $47 billion in cumulative free cash flow over the next five years, which will be allocated to reinvestment, share repurchases, and dividends [8] - Brookfield projects more than 20% annual earnings-per-share growth over the next five years, with an intrinsic value target of over $175 per share by the end of the decade [9] Group 3: Market Position - Brookfield Corporation's investment approach focuses on acquiring high-quality businesses at value prices and maximizing their earnings through hands-on management [6] - The company’s wealth solutions business and effective capital allocation are expected to drive continued market-crushing returns [10][11]
This Top-Performing Stock Continues to Deliver Market-Crushing Returns
The Motley Fool· 2025-02-15 11:13
Brookfield Corporation (BN 0.89%) is coming off another excellent year. The leading global investment firm delivered record financial results. That helped catapult its stock, which generated a market-crushing 55% return -- more than double the S&P 500's (^GSPC -0.01%) 26% total return. That continued the company's multi-decade record of outperformance (it has generated a 19% annualized return over the last 30 years, compared to 11% for the S&P 500). The company is in an excellent position to continue delive ...
3 Reasons I Just Bought Brookfield Asset Management And So Should You
Seeking Alpha· 2025-02-14 12:00
Click here for a two-week free trial , so we can help you achieve better long-term total returns and your financial dreams.He is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of analysts (Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf) help members invest more intelligently in dividend stocks. Feat ...
Brookfield Corporation(BN) - 2024 Q4 - Earnings Call Transcript
2025-02-13 18:42
Brookfield Corporation (NYSE:BN) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Angela Yulo - Vice President of Investor Relations Bruce Flatt - Chief Executive Officer Nicholas Goodman - President and Chief Financial Officer Conference Call Participants Kenneth Worthington - JPMorgan Chase & Co. Michael Cyprys - Morgan Stanley Robert Kwan - RBC Capital Markets Cherilyn Radbourne - TD Cowen Mario Saric - Scotiabank Sohrab Movahedi - BMO Capital Markets Operator Hello and ...