Brand Industrial Services Posts 20% Lower Q1 EBITDA at $71 Million as Data Center Push Lifts Costs
Updated
Updated · Bloomberg · Jun 11
Brand Industrial Services Posts 20% Lower Q1 EBITDA at $71 Million as Data Center Push Lifts Costs
3 articles · Updated · Bloomberg · Jun 11
Summary
$71 million in first-quarter EBITDA marked a 20% year-over-year drop for Brand Industrial Services, according to people familiar with the private results.
Higher costs and spending tied to the company's push into data center construction weighed on margins at the scaffolding and industrial services group, which does business as BrandSafway.
Brand Industrial is controlled by private equity firm Clayton, Dubilier & Rice, and the figures were reported privately rather than through public filings.