nVent Electric PLC (NYSE:NVT)
$ 78.13 -0.19 (-0.24%) Market Cap: 12.97 Bil Enterprise Value: 14.69 Bil PE Ratio: 22.78 PB Ratio: 4.04 GF Score: 78/100

nVent Electric PLC at Goldman Sachs Industrials & Materials Conference Transcript

May 09, 2023 / 12:40PM GMT
Release Date Price: $41.7 (+0.68%)
Joseph Alfred Ritchie
Goldman Sachs Group, Inc., Research Division - VP & Lead Multi-Industry Analyst

All right. It looks like we're ready to kick it off. Next on the agenda, we have nVent. Really excited to have both Beth Wozniak, who is the CEO of nVent; as well as Joe Ruzynski, who is the President of Enclosures. Beth is going to start with a few prepared comments, and then we'll get into the Q&A.

Beth A. Wozniak
nVent Electric plc - CEO & Chairman of the Board

All right. Thank you. All right. Just a couple of things about nVent. We're -- I would say this, we're almost a $3 billion company. On May 1, we celebrated our fifth birthday as a new company. Last year, a great growth year, 20% growth on top of 18% the year before. Earnings per share up 22% on top of 31%. So I don't know how many years I get to use those numbers.

But what we do is we're an electrical products company. And as the world is electrifying, we connect and protect. And those are critical things as we go forward. And if you look at our business, we have 3 segments

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