nVent Electric PLC

NVT: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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nVent Earnings: Immersion Cooling for Data Centers Drives Results Much Higher

nVent produced an exceptional result during the second quarter, with net sales of $1.47 billion rising 53% year on year, or 47% on an organic basis. In turn, adjusted operating margin rose 110 basis points. Shares rallied 7% during the trading day.

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