Nvent Electric Plc · NYSE:NVT
Nvent Electric — William Blair Growth Stock Conference 2024
22 slides from Nvent Electric's conference presentation, Jun 4, 2024
Slide 1: William Blair Growth Stock Conference
William Blair Growth Stock Conference Beth Wozniak, Chair and Chief Executive Officer June 4, 2024 1
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: nVent 2023 Investor Day
nVent 2023 Investor Day 3 March 7, 2023
Slide 4: nVent Overview
nVent Overview Company Characteristics Full-year 2023 Financials ▪ Leader in connection and protection ▪ Industry leading positions and strong brands $3.3B 22.1% $3.06 $465M Net Sales ROS Adj. EPS Free Cash Flow ▪ Well positioned with electrification, sustainability and digitalization trends 12% 410
Slide 5: nVent Value Proposition
nVent Value Proposition Mission Critical Solutions for Resiliency and Safety Customer Productivity and Electrification Protect electronics and systems from Total Cost of Ownership Meet stringent global regulatory standards disruptions and harsh environments Reduce labor cost in design and and certif
Slide 6: Our nVent Story Since Spin in 2018
Our nVent Story Since Spin in 2018 Sales Our Growth Journey: ▪ Growing and scaling as one nVent ▪ Focusing on high-growth verticals $3.3B ▪ Driving new products and innovation $2.2B ▪ Establishing an acquisition track record 2018 2023 ▪ Transforming digitally with velocity Market Cap wit $13.8B 22%
Slide 7: Macro Trends
Macro Trends Sustainability Electrification Digitalization Infrastructure of Everything Investments ▪ More generation from renewable ▪ Growth in demand for electricity ▪ Need for digitalized and smart ▪ Government Infrastructure sources in new verticals electrical solutions investments in the United
Slide 8: Connecting and Protecting The Electrification of Everything
Connecting and Protecting The Electrification of Everything Data E-mobility Commercial Energy Power Energy Industrial Renewable Solutions Transition Utilities Storage Solutions Energy 8
Slide 9: Our Strategy
Our Strategy One nVent STRATEGIC DRIVERS High New Global Growth Growth Verticals Products & Innovation Grow Acquisitions and Partnerships Productivity and Transform Digital Acceleration Working Capital Velocity Executing on our strategy to drive performance and value William Blair Growth Stock Confe
Slide 10: New Product Introduction (NPI)
New Product Introduction (NPI) Long-Term 2023 2020 2022 2018 25% vitality 32 products 53 products 59 products 95 products 14% vitality 15% vitality 20% vitality 22% vitality Contribute ~2 pts of growth each year R&D 57% Accretive to nVent margins spend Innovating and Increasing Velocity Differentiat
Slide 11: High-Growth Vertical Opportunities
High-Growth Vertical Opportunities nVent Reported Industrial: 39% Comm/Res: 31% Infrastructure: 25% Energy: 5% Verticals Industrial Solutions Commercial Data Solutions Energy Transition* Power Utilities ▪ Industrial automation ▪ Smart buildings ▪ Clean fuels ▪ Digitalization ▪ Density of Power & Dat
Slide 12: AI Adoption Driving Demand for Data Solutions
AI Adoption Driving Demand for Data Solutions Strong growth drivers Innovative and Broad Portfolio ▪ AI driving demand ▪ Only 5% of data centers liquid cooled today ▪ Liquid cooling growing 3X faster than legacy cooling Position to Win ▪ Leading with technical expertise, innovative designs and manuf
Slide 13: Acquisitions
Acquisitions $90B Connect and Protect Total Opportunity Proven Acquisition Track Record Acquisition Framework ▪ IEC enclosures ▪ Industrial Automation ▪ Cable management ▪ Data Solutions Invest to Great ▪ Non-metallic enclosures Grow Products ▪ Renewables ▪ Power distribution units Ability to High-
Slide 14: 2023 Sustainability Report
2023 Sustainability Report Goals Progress in 2023 Highlights New Goals ▪ Increased global representation of women in management by 4% Products ▪ Improved total recordable incident safety rate by more than 20% Eliminate single-use 100% plastics from all product packaging by 2030 ▪ Made product enviro
Slide 15: Summary: Our future is bright!
Summary: Our future is bright! ▪ We are well positioned for growth with the Electrification of Everything and Sustainability ▪ We have demonstrated strong performance and have opportunities ahead of us for further value creation ▪ Expect strong sales and profit growth with robust cash flow in 2024 n
Slide 16: Appendix and GAAP to Non-GAAP Measurements & Reconciliations
Appendix and GAAP to Non-GAAP Measurements & Reconciliations 16 16
Slide 17: Reported to Adjusted 2023 Reconciliation
Reported to Adjusted 2023 Reconciliation William Blair Growth Stock Conference June 4, 2024 17
Slide 18: Reported to Adjusted 2022 Reconciliation
Reported to Adjusted 2022 Reconciliation William Blair Growth Stock Conference June 4, 2024 18
Slide 19: Reported to Adjusted 2021 Reconciliation
Reported to Adjusted 2021 Reconciliation William Blair Growth Stock Conference June 4, 2024 19
Slide 20: Reported to Adjusted 2020 Reconciliation
Reported to Adjusted 2020 Reconciliation William Blair Growth Stock Conference June 4, 2024 20
Slide 21: Organic Sales Growth and Free Cash Flow Reconciliation 2023
Organic Sales Growth and Free Cash Flow Reconciliation 2023 William Blair Growth Stock Conference June 4, 2024 21
Slide 22: 2022 Organic Sales Growth Reconciliation
2022 Organic Sales Growth Reconciliation William Blair Growth Stock Conference June 4, 2024 22
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