UL Solutions Inc. provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.

UL Solutions Inc.

UL Solutions is a global company that transforms safety, security and sustainability challenges into opportunities for customers through testing, inspection and certification services, software products and advisory offerings.

UL Solutions

kVA by UL

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STR Quality Assurance

Consumer Testing Laboratories

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Healthy Buildings International by UL Solutions

Method Park by UL Solutions

Stages

CERE, By UL Solutions

CERE Renewables

KUGLER MAAG CIE by UL Solutions

Emergo by UL

UL Solutions | HOMER Software

UL Solutions Benchmarks

UL Solutions in India

UL Solutions Prospector

UL Solutions Renewables

A global leader in applied safety science, UL Solutions transforms safety, security, and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. 

The UL Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. 

We believe in the possibility and promise of innovation, and we have spent more than a century enabling it to be safely adopted. From the adoption of electrification to the enablement of 5G and new mobility, we collectively look toward new frontiers, working for a safer world.​ Our science is your advantage. 

Today’s IPO starts a new chapter for UL Solutions. We’re excited for our first day of trading on the NYSE. Learn more about our mission of working for a safer world, and how we use safety science to solve our customers’ challenges every day. https://s.ul.com/3TTv4Te

🗣️♻️ Why are we hearing so much about recycled content lately? 

Brand owners and #retailers are facing extraordinary pressure to address the environmental and social issues exacerbated by the impact of their products and supply chains. 

In the meantime, the popularity of green product marketing has caused a rise in the use of substantiated and unsubstantiated eco-claims, making it difficult to differentiate between genuine products with #environmental benefits or attributes and those that aren’t. 

🧐 So what exactly is recycled content and how can we verify what is and isn’t recycled? 

Discover with our latest guide! 👉 https://s.ul.com/4ezG6qb 

Leave your thoughts in the comments too! ⬇️ ⬇️

Join our technical experts to learn about the new Cybersecurity, Safety Regulations and Market Access Requirements for Brazil Market Access. At this webinar, we will provide a general overview about the new Cybersecurity and Safety Regulation that came into effect in 2023/2024. https://s.ul.com/3LdaN7d 

#productsafety #electricalsafety #cybersecurity #productcertification #globalmarketaccess

Join our presenter, Nadyr Grell, senior adviser, Cybersecurity Group, as she walks us through an introduction to #MPoC. 

Learn how you can improve your payment offerings, stay competitive and meet the evolving needs of today's digital economy. Register now. https://s.ul.com/4czBRJU 

#PCI

On June 5, the governor of the US State of Connecticut has signed SB No. 292 - An Act Concerning the Use of PFAS in Certain Products.

This Act aims to regulate intentionally added perfluoroalkyl and polyfluoroalkyl substances (PFAS) in several categories of consumer goods such as (1) Apparel; (2) turnout gear; (3) carpets or rugs; (4) cleaning products; (5) cookware; (6) cosmetic products; (7) dental floss; (8) fabric treatments; (9) children's products; (10) menstruation products; (11) textile furnishings; (12) ski wax; (13) upholstered furniture; or (14) outdoor apparel for severe wet conditions.

Read additional details here: https://s.ul.com/4cwzFCQ

If you have any questions please contact us: https://s.ul.com/3zzmJxq

Introducing ULTRUS™ software from UL Solutions. ULTRUS software brings together flagship digital offerings to solve complex regulatory, supply chain and sustainability challenges.

🔎 https://s.ul.com/3Lce6vr 

#ulsolutions #ultrus #sustainability #connectedclarity

	Dec '21	Dec '22	Dec '23
net income	224M -	293M 30.80%	260M 11.26%
depreciation and amortization	142M -	135M 4.93%	154M 14.07%
deferred income tax	-70M -	10M 114.29%	11M 10%
stock based compensation
change in working capital	101M -	-108M 206.93%	-18M 83.33%
accounts receivables	-1M -	-15M 1,400%	6M 140%
inventory
accounts payables	30M -	-18M 160%	1M 105.56%
other working capital	72M -	-75M 204.17%	-25M 66.67%
other non cash items	279M -	345M 23.66%	361M 4.64%
net cash provided by operating activities	421M -	372M 11.64%	467M 25.54%
investments in property plant and equipment	-107M -	-164M 53.27%	-215M 31.10%
acquisitions net	-39M -	-65M 66.67%	-18M 72.31%
purchases of investments	-47M -	-10M 78.72%	-95M 850%
sales maturities of investments	371M -	1M 99.73%	144M 14,300%
other investing activites	9M -	-1M 111.11%	9M 1,000%
net cash used for investing activites	178M -	-238M 233.71%	-175M 26.47%
debt repayment		-500M -	-410M 18%
common stock issued
common stock repurchased
dividends paid	-200M -	-1.60B 700%	-680M 57.50%
other financing activites	-28M -	-16M 42.86%	-24M 50%
net cash used provided by financing activities	-228M -	-1.12B 389.47%	-294M 73.66%
effect of forex changes on cash	-14M -	-24M 71.43%	-5M 79.17%
net change in cash	357M -	-1.01B 381.79%	-7M 99.30%
cash at beginning of period	971M -	1.33B 36.77%	322M 75.75%
cash at end of period	1.33B -	322M 75.75%	315M 2.17%
operating cash flow	421M -	372M 11.64%	467M 25.54%
capital expenditure	-107M -	-164M 53.27%	-215M 31.10%
free cash flow	314M -	208M 33.76%	252M 21.15%

ULS

COM:UL

UL Solutions

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07/11 21:00

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8.72B

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1.08M

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