nVent Electric PLC (NYSE:NVT)
$ 74.59 -0.24 (-0.32%) Market Cap: 12.40 Bil Enterprise Value: 14.05 Bil PE Ratio: 21.81 PB Ratio: 3.77 GF Score: 86/100

nVent Electric PLC at Barclays Industrials Select Conference Transcript

Feb 23, 2023 / 03:55PM GMT
Release Date Price: $45.98 (+1.21%)
Unidentified Analyst

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Very much, everyone, for being here. Next up, it's my pleasure to have nVent, Beth Wozniak, CEO; and also Tony in Investor Relations that many of you know. So we'll start with Beth giving a few minutes of prepared remarks. So thank you very much.

Beth A. Wozniak
nVent Electric plc - CEO & Director

All right. Thank you. So just a few things that I wanted to share. As we think about nVent, we're excited. We're coming up to our 5-year anniversary as a public company. And if I look at the last year and the last 2 years, I think they've just really shown how we've changed the growth trajectory. So we're now a $2.9 billion company. We grew 20% organic last year. That's on top of 18% organic growth the year before. Good margin, margin expansion in an inflationary year, earnings per share up 22%. That was on top of 31% a year before. I don't know if I can always say that, so I wanted to take that opportunity. And I'm really happy with where we got to our cash flow conversion in a challenging year. It was up 5%, but 87

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