Dimitry Khmelnitsky's questions to Brookfield Business Partners LP (BBU) leadership • Q2 2024
Question
Dimitry Khmelnitsky asked about the magnitude of switching costs for CDK customers, requested performance metrics for BrandSafway, and inquired about alternative monetization paths for BRK Ambiental.
Answer
Paul Lepage, Managing Director, explained that switching costs for CDK's core dealer management system are significant, involving a process that would take months. CFO Jaspreet Dehl noted that BrandSafway contributed approximately $30 million in EBITDA at BBU's share. She elaborated on BRK monetization options, including selling a stake to a strategic partner in the whole business or in specific mature concessions.