nvènt Growth/ FY '23 Acq. FY '22 Price FX Net Prod. 0.0% 4.0% 0.1% (0.1%) Segment Income ($M) $71* $524 $46 $151 $3 $(3) ─ Inflation YoY + Productivity ─ Investments ROS ROS 18.0% - Price added 5 points to growth - All segments expanded ROS ▪ Other items Q4 '23 Earnings Presentation *Non-cash amortization *Due to rounding, totals may not foot Q4 '23 Earnings Presentation Healthy balance sheet and liquidity position $500 @ 2028 $300 @ 2031 $500 @ 2033 2026-2028 Capital Allocation Update Q4 '23 Earnings Prese ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38265 nVent Electric plc | (Exact name of Registrant as specified in its charter) | | | --- | --- | | Ireland | 98-1391970 | | (State or other jurisdiction of incorporat ...

Financial Data and Key Metrics Changes - The company reported record sales of $859 million, up 15% year-over-year, with adjusted EPS increasing by 27% to $0.84 [66][60][35] - Segment income rose to $202 million, a 40% increase, with a return on sales of 23.5%, up 420 basis points year-over-year [44][60] - Free cash flow for the quarter was $136 million, reflecting an 8% increase compared to the previous year [67][60] Business Line Data and Key Metrics Changes - Enclosures segment sales increased by 6% to $413 million, with organic sales up 4% [45] - Electrical & Fastening segment sales surged by 45% to $302 million, primarily due to the ECM acquisition, although organic growth declined by 4% [46] - Thermal Management segment sales decreased by 3% to $144 million, with orders up mid-teens driven by energy transition projects [47][40] Market Data and Key Metrics Changes - North America led geographic sales growth with low-single-digit increases, while Europe was flat and China experienced a decline [45][64] - The company noted that project orders in the Thermal Management segment were up double-digits, indicating strong demand in that area [17] Company Strategy and Development Direction - The company is focused on the Electrification of Everything, sustainability, and digitalization trends, which are expected to drive future demand [73][106] - The company plans to continue investing in growth through acquisitions, new products, and geographic expansion, with a strong emphasis on high-growth verticals [58][75] - Legislative funding for infrastructure is anticipated to contribute between $250 million to $500 million in sales over the next five years [50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in 2024 being a solid growth year, driven by infrastructure spending and the ramp-up of legislative funding [2][106] - The company is optimistic about the energy transition and expects to see continued demand for liquid cooling solutions driven by AI [103][106] - Management acknowledged a mixed operating environment but highlighted strong execution and the potential for margin expansion [58][60] Other Important Information - The company raised its full-year adjusted EPS guidance to a range of $3.01 to $3.03, reflecting strong year-to-date performance [49] - The ECM and TEXA acquisitions are expected to contribute approximately 9 points to sales growth for the year [52] Q&A Session Summary Question: Can you elaborate on the 2024 growth environment? - Management indicated that they expect favorable comparisons in channel adjustments and a solid backlog build, particularly in Thermal Management and Data Solutions [82][106] Question: What is the status of cost synergies from the ECM acquisition? - Management reported that they are on track to achieve $10 million to $15 million in cost synergies, with some realized earlier than expected [119][143] Question: How is the company addressing the inventory adjustments in the channel? - Management noted that some channel partners are still adjusting inventories, which has impacted sales, but they expect improvements moving into Q4 [162][108] Question: What is the outlook for the Thermal Management business in China? - Management highlighted that the Thermal Management segment saw double-digit growth in China, driven by energy transition projects [47][161] Question: How does the company view the competitive landscape for liquid cooling? - Management acknowledged increased competition but emphasized their strong product portfolio and ongoing investments to capture market share [15][106]

Key Messages Another quarter of impressive ROS expansion and robust free cash flow Updating full-year guidance Key Definitions and Notes | --- | --- | --- | --- | |-------------------------------------------------------------------|--------------------------------------------------------|---------------------------------------------------------|----------------------------------------------------------| | Manage Leverage | Reinvest in the Business | M&A | Return Cash to Shareholders | | ▪ Net debt to adjust ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38265 nVent Electric plc | (Exact name of Registrant as specified in its charter) | | | --- | --- | | Ireland | 98-1391970 | | (State or other jurisdiction of incorporation o ...

nVent Electric PLC (NYSE:NVT) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants Tony Riter - Vice President of Investor Relations Beth Wozniak - Chief Executive Officer & Director Sara Zawoyski - Executive Vice President & Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Bank Deane Dray - RBC Capital Markets Jeff Hammond - KeyBanc Capital Markets Joseph Ritchie - Goldman Sachs Group Jeffrey Sprague - Vertical Research Partners Nigel Coe - Wolfe Res ...

Reported to Adjusted 2021 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for the year ended December 31, 2021 excluding the effect of adjustments (Unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------|---------------|-------|----------------|---------------|-------|----------------|-------|-----------| | In millions, except per-share data | First Quarter | | Second Quarter | Thi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38265 nVent Electric plc | (Exact name of Registrant as specified in its charter) | | | --- | --- | | Ireland | 98-1391970 | | (State or other jurisdiction of incorporation ...

nVent Electric PLC (NYSE:NVT) Q1 2023 Earnings Conference Call April 28, 2023 9:00 AM ET Company Participants Tony Riter - VP, IR Beth Wozniak - CEO & Director Sara Zawoyski - EVP & CFO Conference Call Participants Julian Mitchell - Barclays Bank Deane Dray - RBC Capital Markets Joseph Ritchie - Goldman Sachs Group Jeffrey Sprague - Vertical Research Partners Jeffrey Hammond - KeyBanc Capital Markets Scott Graham - Loop Capital Markets Nigel Coe - Wolfe Research Operator Good morning, everyone, and welcome ...

Up 4% to 6% organic ▪ Corporate costs ~$95M nVent Strategy Adjusted EBITDA Margin* Reported to Adjusted 2023 Reconciliation No change ▪ Secular tailwinds continue in electrification Q2 2023 nVent Outlook* 12 Q1 '23 Earnings Presentation Extraordinary and non-recurring costs primarily consist of integration and consolidation costs related to historical ECM acquisitions, financial sponsor management fees, and non-recurring professional fees and transaction costs Q1 '23 Earnings Presentation nVent First Quarte ...