nVent Electric PLC

NVT: XNYS (USA)
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nVent Earnings: Broad-based Data Center Growth Propels Sales and Backlog; Fair Value up 19%

NVent reported strong first-quarter earnings, with reported sales rising 53% to $1.2 billion (34% organically), while adjusted return on sales (adjusted EBIT) held flat at 20.0%.

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