Warren Buffett speaks on May 3, 2025 during the annual shareholders in Berkshire Hathaway in Omaha, Nebraska.
CNBC
Berkshire Hathaway On Saturday, a small decline in operating profit reported in the second quarter, since Warren Buffett's conglomerate warns of negative effects of steep US tariffs.
The operating profit of Berkshire – those from the company's 100% companies, including insurance and railways – fell by 4% in the second quarter to 11.16 billion dollars in the second quarter. The results were affected by a decline in the insurance insurance insurance amount, while railway, energy, production, service and retail recorded higher profits from one year.
The conglomerate based in Omaha once again published a strict warning of President Donald Trump's tariffs and the potential effects on his various companies.
“The pace of changes in these events, including tensions through the development of international trade policy and tariffs, accelerated itself in the first six months of 2025,” said Berkshire in his winning report. “There is considerable uncertainty about the final result of these events.”
“It is reasonably possible that most, if not all of our operational companies and our investments in equity securities, which could significantly influence our future results, can have adverse consequences,” said it.
Buffett's cash shortage of 344.1 billion US dollars remained near a record high if it is somewhat lower at the end of March than the level of $ 347 billion. Berkshire was a net buyer of stocks for a 11th quarter in a row and in the first six months of the 2025 shares of 4.5 billion US dollars.
The conglomerate did not return any stocks in the first half of 2025, although the shares decreased by a record high by more than 10%.
Berkshire wrote a loss of 3.8 billion US dollars of his power of Kraft Heinz, a long -time underperformer for the conglomerate. The consumer goods giant has a spinoff in mind of its grocery store. Two leaders from Berkshire resigned in May as directors from Kraft Heinz 'board.
This has been the first result report since the 94-year-old Buffett that he will resign as CEO at the end of 2025.