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Dec 31, 2024
nVent Q4 2024 Earnings Report
nVent's Q4 2024 financial performance was characterized by strong execution, margin expansion, and robust cash flow, with sales up 9% and adjusted EPS up 7%.
Key Takeaways
nVent reported a 9% increase in fourth-quarter sales, reaching $752 million, and a 7% increase in adjusted EPS to $0.59. The company's full-year sales grew by 13% to $3.0 billion, and it has issued a strong full-year 2025 guidance, indicating continued growth and profitability.
Fourth quarter sales increased by 9% to $752 million, but organically decreased by 1%.
Fourth quarter EPS was $(0.10), while adjusted EPS increased by 7% to $0.59.
Full-year sales grew by 13% to $3.0 billion, with organic growth of 2%.
The company issued full-year 2025 guidance, projecting sales growth of 8% to 10% and adjusted EPS of $2.98 to $3.08.
nVent
nVent
Forward Guidance
nVent anticipates sales growth of 8% to 10% in 2025, with organic sales growth expected to be between 4% and 6%. The company projects full-year 2025 EPS on a GAAP basis of $2.45 to $2.55 and $2.98 to $3.08 on an adjusted basis.
Positive Outlook
- Reported sales growth of 8% to 10%.
- Organic sales growth of 4% to 6%.
- Reported EPS of $2.45 to $2.55.
- Adjusted EPS of $2.98 to $3.08.
- First quarter sales are expected to increase by 7% to 9%.
Challenges Ahead
- Currency translation is expected to have a negative impact of 1%.
- First quarter organic sales are expected to increase by 0% to 2%.
- First quarter EPS on a GAAP basis of $0.52 to $0.54.
- First quarter adjusted EPS of $0.65 to $0.67.
- Unspecified risks and uncertainties could cause actual results to differ materially from forward-looking statements.