nVent sets 10% to 13% organic sales growth CAGR target over three years

Reuters03-18 18:30
nVent sets 10% to 13% organic sales growth CAGR target over three years

nVent updated its three-year outlook, targeting organic sales growth of 10% to 13% CAGR and more than 3 points of inorganic sales growth contribution. It forecast adjusted operating margins of about 22% and adjusted EPS growth of 17% to 20% CAGR. The company also expects free cash flow conversion of about 95%. CEO Beth Wozniak said Q1 performance was trending ahead of initial expectations, citing demand tied to AI-related data center build-outs and power utilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. nVent Electric plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180630PRIMZONEFULLFEED9674328) on March 18, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment