nVent Electric PLC at Robert W Baird Global Industrial Conference Summary

Edited Brief of NVT.N presentation 7-Nov-23 7:45pm GMT

...A. We have very strong margins that convert over into a strong free cash flow conversion. B. And for 2023, we expect to deliver double-digit sales, including the impact of ECM acquisition as well as TEXA acquisition, along with another year of strong double-digit earnings growth. C. Our vitality when we spun was in the mid-teens and now it sits at 20% with new products contributing meaningfully to the top line global growth. D. Since we spent a little bit over 5 years ago, we've completed 6 acquisitions to date with our largest acquisition that we just completed here in May with ECM Industries. E. If you saw on the first slide, infrastructure overall now sits at roughly 25% of our sales. F. And when we think about the $1.3 trillion of legislation funding that is combined with U.S. and Europe and translate that to what we believe that means for higher demand for our products in nVent, we see potential sales opportunities of roughly $250 million to $500 million over a 5-year plus time horizon....

Brief