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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 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 or organization) (I.R.S. Employer ...

Barclays 2023 Global 1 Industrial Conference Beth Wozniak, Chief Executive Officer Forward-Looking Statement and Key Definitions Caution Concerning Forward-Looking Statements This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the word ...

Financial Data and Key Metrics Changes - Full year sales grew 18% with adjusted EPS up 22% [5][12] - Fourth quarter sales were $742 million, up 11% year-over-year, or 15% organically [27][40] - Segment income for Q4 was $144 million, up 31% year-over-year, with a return on sales of 19.4%, an increase of 290 basis points [28][36] - Free cash flow for Q4 was $180 million, up 77% year-over-year [12][29] Business Line Data and Key Metrics Changes - Enclosures sales increased 17% organically, with segment income up 67% and return on sales at 19.2% [31][32] - Electrical and fastening sales grew 16% organically, with segment income up 18% and return on sales at 27.5% [33][34] - Thermal management sales grew 9% organically, with segment income up 1% and return on sales at 25.7% [35][36] Market Data and Key Metrics Changes - North America saw strong double-digit growth, while Europe grew in all segments at high single digits [14][31] - Developing regions experienced a decline primarily due to COVID-related impacts in China [14] - Orders in Q4 were flat year-over-year, following a 37% growth in the previous year [15] Company Strategy and Development Direction - The company focuses on high growth verticals, new products, global expansion, and acquisitions [11][17] - Infrastructure is now approaching 25% of sales, with significant growth in data solutions and power utilities [17][18] - The company aims to continue investing in electrification, sustainability, and digitalization trends [21][24] Management's Comments on Operating Environment and Future Outlook - Management expects continued strong growth in industrials and infrastructure due to investments in automation and electrification [21][22] - Supply chain challenges are anticipated to gradually improve, with an inflationary environment expected to persist [24] - The company is confident in its ability to manage price-cost dynamics effectively [24][41] Other Important Information - The company launched 59 new products in 2022, contributing approximately three points to sales growth [16][18] - The balance sheet remains strong with $298 million in cash and $600 million available on the revolver [38][39] - The company plans to return $183 million to shareholders, including dividends and share repurchases [39] Q&A Session Summary Question: Can you elaborate on the pricing strategy for 2023? - Management indicated that price plus productivity is expected to offset inflation, with a gradual improvement in productivity throughout the year [58][59] Question: What is the health of the distribution channel? - Management noted that while there was some seasonal destocking, strong demand and sell-through from distribution partners remain [60][61] Question: How do you view the sustainability of enclosure margins? - Management expects a return to a more normal margin profile for enclosures, with strong year-over-year margin expansion anticipated [68][69] Question: What is the outlook for data center solutions? - The company sees strong demand for liquid cooling solutions and power distribution units, driven by technology shifts in data centers [99][102] Question: Can you provide insights on R&D spending? - R&D spending has increased significantly, focusing on collaborative projects that meet market needs and reduce cycle times [126][128]

Earnings Presentation This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes," "expects," "intends," "will," "likely," "may," "anticipates," "estimates," "projects," "forecasts," "should," "would," ...