nVent Electric PLC (N:NVT)
Business Focus: Electrical Components & Equipment
| Sector: Industrials | Industry: Electrical Components & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 8Th Floor (East) The Mille, 1000 Great West Road LONDON MN TW8 9DW |
| Tel: | N/A |
| Website: | https://investors.nvent.com/investor-relations/default.aspx |
| IR: | See website |
| Key People | ||
| Beth A. Wozniak Chairman of the Board, Chief Executive Officer | Sara E. Zawoyski Chief Financial Officer, Interim President of Enclosures | Michael B. Faulconer President of Thermal Management |
| Robert J. Van Der Kolk President of Electrical and Fastening Solutions | Lynnette R. Heath Chief Human Resources Officer, Executive Vice President | Aravind Padmanabhan Executive Vice President, Chief Technology Officer |
| Martha C. Bennett Executive Vice President, Chief Marketing Officer | Jon D. Lammers Executive Vice President, General Counsel, Secretary | Randolph A. Wacker Senior Vice President, Chief Accounting Officer, Treasurer |
| Business Overview |
| nVent Electric plc is a global provider of electrical connection and protection solutions. The Company designs, manufactures, markets, installs and services high performance products and solutions that connect and protect some of the sensitive equipment, buildings and critical processes. The Company operates through two segments: Enclosures and Electrical & Fastening Solutions. The Company's Enclosures segment provides solutions to help protect electronics and data in mission-critical applications, including data solutions, that improve reliability and energy efficiency. Its Electrical & Fastening Solutions segment provides solutions that connect and protect power and data infrastructure. Its offerings enhance end user safety, reduce installation time and provide resiliency for critical systems. Its robust portfolio of electrical product brands include nVent CADDY, ERICO, HOFFMAN, ILSCO and SCHROFF. |
| Financial Overview |
| For the nine months ended 30 September 2024, nVent Electric PLC revenues increased 12% to $2.54B. Net income before extraordinary items increased 2% to $295M. Revenues reflect Enclosures segment increase of 13% to $1.36B, Electrical & Fastening Solutions segment increase of 16% to $896.1M, Thermal Management segment increase of 1% to $283M, North America segment increase of 15% to $1.9B, EMEA segment increase of 4% to $484M. |
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