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NameSilo Technologies Corp. Enters Letter of Intent to Acquire 100% of SewerVUE Technology Corp.
Prnewswire· 2025-07-10 10:00
CSE: URL / OTC: URLOFVANCOUVER, BC, July 10, 2025 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (OTCPINK: URLOF) (the "Company") is pleased to announce that it has entered into a letter of intent (LOI) to acquire 100% of the issued and outstanding shares of SewerVUE Technology Corp. based in Coquitlam, British Columbia, Canada.SewerVUE Technology Corp's team of expert engineers has helped pioneer large-diameter pipe inspection technology with innovations such as pipe-penetrating radar and multi-sens ...
UL Solutions (ULS) FY Earnings Call Presentation
2025-06-27 11:36
UL SOLUTIONS INC. Disclaimer This presentation and related discussion are being presented by UL Solutions ("UL Solutions," the "Company," "we," "us" and "our") solely for informational purposes. This presentation and accompanying statements contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this presentation and related discussion may be forward-looking statements. These includ ...
BUREAU VERITAS: Combined Shareholders’ Meeting of June 19, 2025: All submitted resolutions were adopted
Globenewswire· 2025-06-19 16:00
PRESS RELEASE Neuilly-sur-Seine, France – June 19, 2025 Combined Shareholders’ Meeting of June 19, 2025:All submitted resolutions were adopted The Combined Shareholders’ Meeting of Bureau Veritas (the "Company"), chaired by Mr. Laurent Mignon, Chairman of the Board of directors, was held today at the Company’s head office. All resolutions submitted to the Shareholders’ Meeting were adopted at a large majority, including: The approval of the statutory and consolidated financial statements for the financial ...
Bureau Veritas accelerates its LEAP | 28 strategy execution and evolves its Executive Committee
Globenewswire· 2025-06-18 15:45
PRESS RELEASE Paris – June 18, 2025 Bureau Veritas accelerates its LEAP | 28 strategy execution and evolves its Executive Committee Bureau Veritas, a global leader in Testing, Inspection, and Certification services (TIC) is accelerating the execution of its LEAP | 28 strategy to reach its vision of being the preferred partner for its customers’ excellence and sustainability. Taking LEAP | 28 to the next level, Bureau Veritas is evolving the structure of its executive committee to drive greater organization ...
UL Solutions (ULS) FY Conference Transcript
2025-06-03 20:00
Summary of UL Solutions (ULS) FY Conference Call Company Overview - **Company**: UL Solutions (ULS) - **Industry**: Testing, Inspection, and Certification (TIC) - **Revenue**: $2.9 billion in the last fiscal year - **Customer Base**: Over 80,000 customers across more than 35 industries - **Global Presence**: 41% of revenue from the USA, 25% from Greater China, and the remainder from Europe, the Middle East, and the rest of Asia [12][18][22] Key Themes and Core Messages 1. **Mission-Driven Growth**: ULS emphasizes its mission of creating a safer world, which resonates with customers and their end-users [6][61] 2. **Safety Science Commitment**: The company focuses on applying safety science to help customers navigate challenges in innovation, security, and sustainability [7][62] 3. **Long-Term Customer Relationships**: ULS has a history of long-lived customer relationships, with many clients being with the company for over a century [8][62] 4. **Global Scale and Operating Leverage**: The company leverages its global scale to drive margin expansion and growth, having invested over $1.3 billion in acquisitions since 2010 [9][17] 5. **Financial Strength**: ULS maintains a healthy balance sheet and disciplined capital allocation, allowing for flexibility in growth strategies and shareholder returns [9][10] Market Dynamics - **Industry Size**: The TIC industry is valued at over $240 billion, with a significant portion being outsourced [17] - **Growth Drivers**: Key megatrends driving growth include energy transition, new mobility solutions, sustainability, digitalization, and regulatory compliance [20][22] - **Recurring Revenue**: 33% of ULS's revenue is recurring, stemming from ongoing certification services [15] Financial Performance and Projections - **EBITDA Margin**: The adjusted EBITDA margin was 22.9% last year, with a target of 24% for the current year [38][39] - **Growth Resilience**: ULS has demonstrated resilient growth, averaging nearly 7% compound annual growth over the past decade, even during economic shocks [33] Strategic Initiatives 1. **Capital Allocation**: ULS reinvests approximately 18% of revenue back into the business, focusing on organic growth and capacity expansion [46][48] 2. **M&A Strategy**: The company seeks acquisitions that enhance its capabilities in product testing, inspection, and certification, focusing on technical expertise and service extension [49][50] 3. **Software and Advisory Services**: ULS is optimistic about growth in its software segment, which supports product compliance and supply chain transparency [52][53] Additional Insights - **Impact of Tariffs**: ULS views tariffs as short-term challenges that can lead to increased demand for retesting and recertification services as manufacturers adapt [29][30] - **Energy Transition**: The electrification of various sectors is expected to significantly increase demand for ULS's services, particularly in testing and certification for new energy technologies [24][26] This summary encapsulates the key points discussed during the UL Solutions FY Conference Call, highlighting the company's strategic focus, market dynamics, and financial performance.
BUREAU VERITAS - Availability of preparatory documents for Bureau Veritas’ Combined Shareholders’ Meeting of June 19, 2025
Globenewswire· 2025-05-28 16:00
PRESS RELEASE Neuilly-sur-Seine, France – May 28, 2025 Availability of preparatory documents for Bureau Veritas’ Combined Shareholders’ Meeting of June 19, 2025 Bureau Veritas’ Combined Shareholders’ Meeting will be held on Thursday, June 19, 2025, at 3:00 p.m., in the Auditorium of the Company’s registered office located at Immeuble Newtime, 40/52, boulevard du Parc in Neuilly-sur-Seine (92200), France, for the purpose of discussing the agenda and the draft resolutions contained in the preliminary Notice ...
整治车检乱象当“蛇打七寸”
Guang Zhou Ri Bao· 2025-05-27 07:09
为何车检乱象如此猖獗?反作弊技术"棋差一着"是一方面。目前的OBD系统仍存在防篡改功能不完善、 数据实时上传机制缺失等问题,为作弊工具提供了可乘之机。违法成本远低于非法所得也是一方面。目 前对违规机构的处罚多以取消资质为主,缺乏高额罚款或行业禁入的震慑力。此外,车检作弊器的生 产、销售、使用往往横跨多个地区,若缺乏跨区域联合打击,极易形成"打地鼠"式的治理困局。 十年车龄排放"如新",万条数据如出一辙。近日,《焦点访谈》调查起底尾气排放检测乱象,一些第三 方检测机构为牟利,不惜作弊造假,既让问题车"带病上路",还哄骗"没病车"购买"包过"服务。 所谓的"包过"服务,大多是通过OBD作弊器等设备伪造车辆数据,并利用后台软件篡改排放参数。这套 看似复杂的操作,其实已形成从硬件到软件的完整灰色产业链——不仅可轻易获取、网购可得,而且操 作简单、技术隐蔽,只需连接设备便可"一键合格",既无须调试,也无使用痕迹。因此,若不是数据极 为异常,很难查出真伪。正如报道中提到"13000条高度一致的OBD编码"案例,若不是这家检测站连作 弊都偷懒,生成了大量相同数据,不慎露出马脚,恐怕一时半会也难以被发现。 再往深一层想,如果 ...
Team Reports Wider Loss in Q1, Eyes 15% EBITDA Growth in 2025
ZACKS· 2025-05-16 18:46
Core Viewpoint - Team, Inc. reported mixed results for Q1 2025, with strong performance in the Inspection and Heat Treating (IHT) segment offset by weakness in the Mechanical Services (MS) segment, while the company is optimistic about future growth driven by strategic initiatives and operational improvements [13]. Financial Performance - Total revenues for Q1 2025 were $198.7 million, slightly down from $199.6 million in the same quarter of 2024 [2]. - The net loss widened to $29.7 million, or $6.61 per share, compared to a loss of $17.2 million, or $3.89 per share, in Q1 2024 [2]. - Adjusted EBITDA decreased to $5.3 million from $6.5 million year-over-year, with the margin narrowing to 2.7% from 3.3% [2]. Segment Performance - The IHT segment saw revenues rise by 6.8% year-over-year to $106.2 million, driven by an 8.8% increase in U.S. operations and a 39% improvement in adjusted EBITDA [3]. - The MS segment experienced a 7.7% revenue decline to $92.4 million, resulting in an operating loss of $1.1 million, down from an income of $4.1 million in the prior year [4]. Cost Management - The company-wide gross margin decreased to 23.8% from 24.4%, while SG&A expenses fell by 3.4% to $53.3 million, indicating modest operational efficiencies [5]. - Management initiated a cost optimization initiative targeting annualized savings of at least $10 million [9]. Management Insights - CEO Keith Tucker noted that Q1 results were impacted by seasonality and severe winter weather, but expressed confidence in robust activity levels for Q2 and full-year growth expectations [6]. - CFO Nelson Haight highlighted consistent execution and improving performance as key factors in the recent refinancing deal, with expectations for continued annual improvement in adjusted EBITDA [7]. Strategic Initiatives - The company completed a refinancing in March 2025, extending loan maturities to 2030 and lowering the blended interest rate by over 100 basis points, which improved financial flexibility [12]. - Management reaffirmed its commitment to achieving at least 15% growth in adjusted EBITDA for the full year, supported by margin improvements and steady revenue gains [10][11].
NV5 Global (NVEE) M&A Announcement Transcript
2025-05-15 01:00
NV5 Global (NVEE) M&A Announcement May 14, 2025 08:00 PM ET Speaker0 and welcome to the Akron Corporation First Quarter Earnings and Merger Announcement Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Dan Scott, Investor Relations with ICR. Thank you. You may begin. Speaker1 Operator, good morning, everyone, and thank you for joini ...
Varex Imaging(VREX) - 2025 Q2 - Earnings Call Transcript
2025-05-08 22:02
Varex Imaging (VREX) Q2 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Christopher Belfiore - Director-Investor RelationsSunny Sanyal - President & Chief Executive OfficerShubham Maheshwari - Chief Financial OfficerYoung Li - Senior VP - Equity ResearchShaymus Contorno - Equity Research AssociateBrandon Carney - Senior Research Associate Conference Call Participants Larry Solow - Partner & Managing director - Equity AnalystAlex Hantman - AnalystSaurabh Prasad - Senior Credit Analyst Operat ...