nVent Electric (NVT) investor relations material

Portfolio Transformation and Strategic Direction

• Completed a major portfolio transformation, selling the Thermal Management segment and acquiring companies to create the Engineered Building Solutions platform, shifting focus to high-growth infrastructure, data centers, and power utilities.

• Expanded total addressable market from ~$60B to ~$130B through acquisitions and divestitures, with infrastructure vertical exposure increasing 5x since spin and now representing nearly half of sales.

• Achieved significant organic and acquisition-driven growth, doubling revenue from $2B to nearly $4B in eight years, and doubling sales and market cap since 2018.

• Maintains balanced exposure between short and long cycle businesses, with a record $2.6B backlog.

• Raised mid-term and 2028 value creation targets, including higher organic and inorganic growth rates.

Growth Opportunities and Market Trends

• Positioned to capitalize on macro trends: AI infrastructure, electrification, industrial automation, and sustainability, with data centers and power utilities each representing $25B opportunities.

• Data center sales grew from under $100M to $1B, with significant organic growth and low current Liquid Cooling penetration.

• Industrial and commercial segments offer $36B and $26B opportunities, with solutions enabling automation and digitalization.

• Global expansion efforts focus on Europe, APAC, and India, with new regional organizations and manufacturing and engineering centers established.

• Investing in capacity, new products, and digital capabilities to support expansion.

Operational Excellence and Innovation

• Spark Management System drives performance through lean enterprise, digitalization, and employee engagement, integrating people, process, and velocity for scalable growth.

• Achieved 14% sales growth in distribution and 50% reduction in new product cycle times since 2018, with new product vitality at 27%.

• Expanded Liquid Cooling and Engineered Building Solutions manufacturing capacity, supporting rapid facility expansion and supply chain resiliency.

• Up to 45% improvement in power usage efficiency for data centers using Liquid Cooling solutions.

• Strong focus on customer experience, sales growth through distribution, and employee engagement.