UL Solutions: Rating Downgrade Given The Softer Than Expected FY 2025 Growth

Group 1 - The core thesis for UL Solutions (ULS) is based on the belief that the business is positioned to benefit from multiple long-term secular tailwinds [1] - The investment approach emphasizes a blend of value investing principles and a focus on long-term growth, aiming to buy quality companies at a discount to their intrinsic value [1] - The strategy involves holding investments for the long term to allow for compounding of earnings and shareholder returns [1]