Nvent Electric Plc · NYSE:NVT
Nvent Electric — Baird's 2019 Global Industrial Conference
13 slides from Nvent Electric's conference presentation, Nov 5, 2019
Slide 1: Baird's 2019 Industrial Conference
nVent Baird’s 2019 Industrial Conference Beth Wozniak Chief Executive Officer November 5, 2019
Slide 2: Forward-Looking Statement and Key Definitions
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 hi
Slide 3: Leading Electrical Company Focused on Connection and Protection
Leading Electrical Company Focused on Connection and Protection Company Characteristics 2018 Financials Industry-leading positions and strong brands ~$2.2B Focused on improving utilization, lowering costs and Revenue maximizing customer uptime Attractive margin profile ~19% Strong free cash
Slide 4: Our nVent Strategy
Our nVent Strategy One nVent Accelerate Innovation and Grow Globally and in Focus on Attractive Verticals Connected Solutions Developing Regions Drive Productivity and Velocity Pursue Targeted Bolt-on Acquisitions Driving a strategy for growth and performance Baird’s 2019 Industrial Conference 4
Slide 5: One nVent: Build Scale and Capability to Accelerate Growth and Performance
One nVent Build Scale and Capability to Accelerate Growth and Performance Spark Management System Channel Strategy Commercial Excellence Digital Business Transformation & Analytics nVent Brand Driving transformation with a goal to grow our business Baird’s 2019 Industrial Conference 5
Slide 6: Q3 '19 nVent Performance
Q3 ’19 nVent Performance Sales ($ in millions) Financial Highlights (YoY) $564 $8 $560 Organic Sales down 1% $9 ($7) ($14) (~1%) Price + productivity more than offset inflation YoY • Net productivity turned positive Segment Income flat -3 pts 2 pts 1 pt -1 pt • Solid EFS and Enclosures perform
Slide 7: Capital Deployment Strategy
Capital Deployment Strategy Maintain Investment Grade (BBB- / BBB) Invest in Organic Shareholder Acquisitions Growth Distributions • One nVent • Bolt-on acquisitions • Pay a competitive • Accelerate innovation • Fit nVent value dividend and connected solutions proposition • Repurchase shares to • Co
Slide 8: Eldon Acquisition
Eldon Acquisition Overview State of the Art Manufacturing ~$90M 2018 revenue* State of the art manufacturing Founded in 1922 in Sweden Headquartered in Spain Purchase price: $128M Rationale Strong IEC Product Portfolio Accelerate Enclosures growth through… Expanded portfolio with global
Slide 9: Summary: We are a Leader in Connection and Protection
Summary We are a Leader in Connection and Protection Industry-leading positions in growing verticals Clear strategy and focused on driving organic growth One nVent approach generating growth Productivity and velocity initiatives protecting profits and enabling growth Consistent and strong
Slide 10: Appendix and GAAP to Non-GAAP Measurements & Reconciliations
Appendix and GAAP to Non-GAAP Measurements & Reconciliations
Slide 11: Reported to Adjusted 2019 Reconciliation
Reported to Adjusted 2019 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for the year ended December 31, 2019 excluding the effect of 2019 adjustments (Unaudited) Actual Forecast (1) In millions, except per-share data First Quarter Second Quarter Third Quarte
Slide 12: Reported to Adjusted 2018 Reconciliation
Reported to Adjusted 2018 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for the year ended December 31, 2018 excluding the effect of 2018 adjustments (Unaudited) In millions, except per-share data First Quarter Second Quarter Third Quarter Fourth Quarter Ful
Slide 13: Organic Sales Growth & Free Cash Flow Reconciliation
Organic Sales Growth & Free Cash Flow Reconciliation nVent Electric plc Reconciliation of Net Sales Growth to Organic Net Sales Growth by Segment for the quarter ended September 30, 2019 (Unaudited) Actual Q3 Net Sales Growth Organic Currency Acq./Div. Total nVent (0.9%) (1.2%) 1.4% (0.7%) Enclosure
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