nVent Electric (NVT) FY Earnings Call Presentation

Company Overview - nVent is a high-performance electrical company focused on connection and protection[10] - The company reported net sales of $3 billion with a return on sales (ROS) of 21.7% and adjusted EPS of $2.49 in 2024[9] - Free cash flow for 2024 was $427 million[9] - The company expects to launch over 75 new products in 2025, driving 2+ points of sales growth and expects product vitality above 22% in 2025[14] Business Segments and Verticals - The company operates through two segments: Electrical Connections (39%) and Systems Protection (61%)[8] - Infrastructure accounts for >40% of the portfolio[15] - Data Solutions and Power Utilities each represent approximately 20% of the portfolio[15] Data Solutions - Data Solutions sales reached approximately $600 million in 2024 and are growing at a double-digit rate in 2025[21] Sustainability - The company reduced normalized CO2e emissions by 47% since 2019[23] - 85% of products in the New Product Introduction funnel have a positive sustainability impact[23] Financial Performance - Adjusted operating income for 2024 was $652 million, resulting in an adjusted return on sales of 21.7%[31]