nVent(NVT) - 2024 Q2 - Quarterly Results

Exhibit 99.1 News Release nVent Announces Second Quarter 2024 Financial Results Record sales and strong cash flow; updating full-year guidance • Reported sales of $880 million up 10%, organically up 4% • Reported EPS of$ 0.66, down 1%; Adjusted EPS of $0.82, up 6% • Cash Flows from Operations of$ 131 million, up 69%; Free Cash Flow of $112 million, up 81% • Updating full-year 2024 guidance: ◦ Raising reported sales growth to 11% to 13%; maintaining organic sales growth of 3% to 5% ◦ Updating EPS guidance to ...