nVent Q4 2019 Earnings Report
Key Takeaways
nVent reported fourth quarter sales of $567 million, flat compared to the fourth quarter of 2018, with a 3% organic decline. The company reported EPS of $0.27 and adjusted EPS of $0.47. Full-year net cash provided by operating activities was $336 million and total free cash flow was $304 million.
Fourth quarter reported sales of $567 million were flat; Organic sales down 3%.
Full-year reported sales of $2.2 billion
Fourth quarter reported EPS of $0.27; Adjusted EPS of $0.47.
Full-year net cash provided by operating activities of $336 million; Returned over $350 million in cash to shareholders through dividends and share repurchases
nVent
nVent
nVent Revenue by Segment
Forward Guidance
The company is introducing 2020 sales guidance of flat to up 5 percent, which represents a range of a 2 percent decrease to a 2 percent increase in organic sales versus the prior year. The company expects full-year 2020 EPS on a GAAP basis of $1.55 to $1.65 and $1.85 to $1.95 on an adjusted basis.
Revenue & Expenses
Visualization of income flow from segment revenue to net income