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UL Solutions and GCC Labs Deepen Partnership to Help Advance Fire Safety in the Middle East
Businesswire· 2025-10-16 02:00
Core Insights - UL Solutions and GCC Technical Services Company (TS Co.) have significantly enhanced their strategic partnership to advance fire safety in the Gulf region, with TS Co. now recognized as part of the UL Witness Test Data Program for fire safety [2][3][4] Partnership Details - TS Co. will conduct critical fire safety tests at its laboratories in Dammam, Saudi Arabia, under the supervision of UL Solutions engineers, which will streamline the testing and certification process [4][6] - This localized approach eliminates the need for international shipping of product samples, significantly accelerating time-to-market for manufacturers in the region [5] Regional Impact - The partnership is crucial as Saudi Arabia advances its Vision 2030, which includes significant projects like NEOM and the New Murabba project, representing over $1.5 trillion in investment and requiring high international fire safety standards [8] - TS Co. supports major manufacturing in the Gulf Cooperation Council (GCC) region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, by providing testing and certification services [7][11] Strategic Value - The collaboration combines UL Solutions' global leadership in safety science with TS Co.'s regional expertise, creating a strong value proposition for the market [9] - The partnership aims to ensure that construction projects in the region meet the highest international safety standards, thereby enhancing overall fire safety and conformity services [6][9]
Domino's® and the National Fire Protection Association® Team Up to Deliver Fire Safety Messages
Prnewswire· 2025-09-30 11:07
Core Points - Domino's Pizza Inc. is collaborating with the National Fire Protection Association (NFPA) to promote fire safety messages across the U.S. during Fire Prevention Week from October 5-11 [2][3] - Customers ordering from participating Domino's stores may receive free pizza if their smoke alarms are functioning; otherwise, firefighters will assist in replacing batteries or installing new alarms [2][3] - This initiative marks the 18th year of partnership between Domino's and NFPA, emphasizing the importance of working smoke alarms in homes [3][4] Company Overview - Domino's Pizza is the largest pizza company globally, with over 21,500 stores in more than 90 markets and global retail sales exceeding $19.4 billion in the trailing four quarters ended June 15, 2025 [6][7] - The company generates over 85% of its U.S. retail sales through digital channels, showcasing its innovative ordering platforms [7] Fire Safety Campaign - The campaign theme for this year is "Charge into Fire Safety™: Lithium-Ion Batteries in Your Home," which includes distributing flyers with fire safety tips alongside pizza deliveries [3][4] - NFPA highlights the critical role of working smoke alarms in preventing home fire deaths, which predominantly occur in residential settings [4]
One Scan, Two Proofs: SMX Exposes the Fatal Flaws in Recycling and Fire Safety
Accessnewswire· 2025-09-19 20:00
Core Insights - Recycling and fire safety industries share a fundamental issue where claims made are often unverified outside of promotional materials [1] Industry Analysis - Both recycling and fire safety sectors rely heavily on assertions that lack rigorous testing, leading to potential credibility concerns [1]
Revenue developed well with solid profitability in Q1 2025
Globenewswire· 2025-05-19 09:55
Group 1 - The company reported a revenue of 959 MEUR in Q1 2025, marking a 4% increase compared to the previous year, with 2 percentage points of this increase attributed to acquisitions made in October 2024 [5] - EBITDA for Q1 2025 reached 223 MEUR, resulting in a 23.2% EBITDA margin, which is a slight decrease of 0.3 percentage points from Q1 2024 [5] - EBIT increased by 1% to 154 MEUR in Q1 2025, with an EBIT margin of 16%, down 0.5 percentage points from Q1 2024, primarily due to higher depreciation costs [5] Group 2 - The company is progressing with investments totaling 93 MEUR in Q1 2025, focusing on electrification of production lines, capacity expansion in Romania, digitalization, and a new factory in the United States [5] - Cash flow from operations before financial items and tax was 126 MEUR in Q1 2025, compared to 135 MEUR in Q1 2024 [5] - The company plans to invest around 450 MEUR excluding acquisitions in the upcoming period [5] Group 3 - The CEO highlighted that the company continues to perform well in revenue and profitability, with positive developments across all key indicators, except in Eastern Europe [2] - Continuous demand for energy-efficient and fire-safe solutions is expected in Europe as member states work on national renovation plans to meet mandatory targets [2] - The company purchased 84,680 B shares for a total of 31 MEUR as part of its share buy-back programs during Q1 2025 [5]