Outlines Rapidly Expanding Presence in Data Centers and Power Utilities  Unveils Updated Three-Year Growth and Financial Targets  LONDON, March  18, 2026  (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:NVT) (&#34;nVent&#34;), a

nVent Highlights Portfolio Transformation and Growth Priorities at 2026 Investor Day

nVent Announces Ambitious Growth Targets Amid Data Center Demand Surge

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 Outlines Rapidly Expanding Presence in Data Centers and Power Utilities Unveils Updated Three-Year Growth and Financial Targets LONDON, March 18, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:NVT) (&amp;#34;nVent&amp;#34;), a
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 <h3>AI Summary</h3>
 nVent Electric plc hosted its Investor Day, revealing an aggressive growth strategy focused on electrification and digitalization. The company forecasts robust organic sales growth of 10% to 13% CAGR and adjusted EPS growth of 17% to 20% CAGR, likely driving investor confidence and stock performance.
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 <ul><li>nVent conducted its 2026 Investor Day in New York City.</li><li>The company outlined a focused growth strategy in electrification and digitalization.</li><li>Three-year targets include 10% to 13% organic sales growth CAGR.</li><li>Adjusted EPS growth is projected at 17% to 20% CAGR.</li><li>nVent sees strong momentum in data centers and utilities.</li></ul>
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 <h3>Companies Mentioned</h3>
 <ul><li>nVent Electric plc (NVT): Investors should monitor NVT for strong growth metrics and potential stock uptick.</li></ul>
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 <h3>Corporate Developments</h3>
 This falls under Corporate Developments as nVent is redefining its growth trajectory, particularly in critical sectors like data centers and power utilities, which are essential for the future of electrification and sustainability initiatives.
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 <h3>Market-Moving</h3>
 <ul><li>Investor Day insights highlight accelerated growth in infrastructure and data centers.</li><li>Strong organic sales and EPS growth forecasts are likely to boost investor sentiment.</li><li>Focus on disciplined capital allocation could enhance shareholder returns over the long term.</li></ul>
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 <h3>Key Facts</h3>
 <ul><li>nVent aims for 10% to 13% organic sales growth CAGR through 2029.</li><li>Adjusted EPS growth targets are set at 17% to 20% CAGR.</li><li>Free cash flow conversion is expected to reach ~95%.</li></ul>
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 <h3>Trading Thesis</h3>
 Buy NVT as strong growth metrics and strategy positioning indicate potential for significant upside in 2026.
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link>Outlines Rapidly Expanding Presence in Data Centers and Power Utilities Unveils Updated Three-Year Growth and Financial Targets LONDON, March 18, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NVT">NVT</a>) ("nVent"), a global leader in electrical connection and protection solutions, today will host its 2026 Investor Day at 9:30 a.m. ET in New York City. At the event, nVent's senior management will provide an in-depth review of the company's portfolio transformation, growth strategy, and updated three-year financial targets. "We have reshaped nVent into a more focused, higher-growth electrical company that is well-positioned to capitalize on the growing trends of electrification, digitalization and sustainability. Our strategy is to continue driving accelerated growth with a focus on the infrastructure vertical, including data centers and power utilities, new products and innovation, capacity expansion and disciplined capital allocation. The execution of this strategy is yielding significant results as seen in 2025," said Beth Wozniak, nVent chair and chief executive officer. "We are off to a strong start to the year, our Q1 performance is trending ahead of our initial expectations and we look forward to continuing this momentum." Investor Day highlights will include: <ul type="disc"><li>Successful portfolio transformation into a more focused, higher growth electrical company</li><li>Demonstrated strong performance and value creation</li><li>Accelerated growth in the infrastructure vertical, driven by AI‑related data center build‑outs and strong demand from power utilities</li><li>Multiple growth and margin expansion levers, including a disciplined capital allocation framework that supports growth and shareholder returns</li><li>Updated mid-term targets that reflect the significant value creation opportunities ahead </li></ul> Three-Year Growth Targets nVent is updating its three-year financial targets, reflecting the company's strengthened portfolio and confidence in its long-term growth opportunities, including: <table style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="max-width:50%; width:50%; min-width:50%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Financial Metric</td><td style="max-width:50%; width:50%; min-width:50%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Target</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Organic Sales Growth CAGR</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">+10% to 13%</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Inorganic Sales Growth Contribution</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">&gt;3 pts</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Adjusted Operating Margins&#x2A;</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">~22%</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Adjusted EPS Growth CAGR&#x2A;</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">17% to 20%</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">Free Cash Flow Conversion</td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; ">~95%</td></tr></table> &#x2A;Not including impact from potential acquisitions. Webcast Details Today's Investor Day presentation will begin at 9:30 a.m. ET. A live webcast of the event will be available and those who intend to join virtually can register for the webcast through the link <a href="https://www.globenewswire.com/Tracker?data=yozXqU87CMwO7N6WZGANU4w9Aj36UKudAK5RDcCrcQ3769IFGsUOxDXfY2kWGK9DIK43cqTmcFuBtUW1ka3jVBEhM9VFfuffyHgGAYoWIt_RK3WnYKuXylDtefCxIoRS" rel="nofollow" target="_blank">here</a>. The live webcast and supporting materials are available on the "Investor Relations" page of the company's website (<a href="https://www.globenewswire.com/Tracker?data=ExZH0ZgJZUqCKwWiFjcP-Fo7tZztH8vG0ZuFJb5VKFu-raK15wbd1Q36tfi3RUa9sZgRX6OZHJqhBSXC7LpeeHLc8f_exHaXxHHc-Z9RSIn47lRbQY6JT-HmEmAFtkcv" rel="nofollow" target="_blank">https://investors.nvent.com</a>). An archived replay will be available on the nVent website. About nVent nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at <a href="https://www.globenewswire.com/Tracker?data=xvotva47Bs_iYhzsbwSmAkOTCxpMusttxkaIxTs7x4OQbt5XA_HTBRka9xnJGbWexsd-2ejnyxFifI7m_eoj67XLJ2FEx6RGOe1hl1XcKwAx97gvMRqGsk2QPTlny0O8g-V_q5IrSSBSnz1SYsHG5mX1k1i6GV0LYSlpGB6pue-sU5XMiGZeIKNni8fMx_epNIz7MVEGKtV_xr6n2x0_sYgyDrxtIZh_1HyHpjIwUeA=" rel="nofollow" target="_blank">www.nvent.com</a>. Caution Concerning Forward-Looking Statements This press release contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes," "expects," "intends," "will," "likely," "may," "anticipates," "estimates," "projects," "forecasts," "should," "would," "could," "positioned," "strategy," "future," "are confident," or words, phrases, or terms of similar substance, or the negative thereof, are forward-looking statements. All projections in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Electrical Products Group acquisition; competition and pricing pressures in the markets we serve; impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release. Investor Contact Tony Riter Vice President, Investor Relations nVent 763.204.7750 <a href="https://www.globenewswire.com/Tracker?data=RymXhLbnkBetqSZWa4r05C8crEoQP1GZY3zNQVfsPEdgKReeu8LpQ4yWo9cUy687oROEmc9hqVkI0vb6YtE_DlfiMtUzL6pXrhgeghmsMuM=" rel="nofollow" target="_blank">Tony.Riter@nVent.com</a> Media Contact Kevin King Vice President, Global Communications nVent 763.291.0526 <a href="https://www.globenewswire.com/Tracker?data=UPhos1NJF9-yxiphKa6kKgjAZnY17rvNJiQ1y3N6WNPRZbysUIuINbJuLQxDA2FXVImuK7ELZop8LTimobMXP9avs74GgihD3Ae9iYVN5sY=" rel="nofollow" target="_blank">Kevin.King@nVent.com</a> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY3NDMyOCM3NDkxMzkzIzIyOTU1MDk="></img> <img alt="" src="https://ml.globenewswire.com/media/ODcwYzE3YjItM2M0Yi00MGFkLTg4NGItNjM1MjUyMDQ5NzcyLTEzMDcwNTktMjAyNi0wMy0xOC1lbg==/tiny/nVent.png" referrerpolicy="no-referrer-when-downgrade"></img><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/8ba7fd5a-b116-49b5-bb9a-782764c0e560"><img src="https://ml.globenewswire.com/media/8ba7fd5a-b116-49b5-bb9a-782764c0e560/small/nvent-png.png" border="0" width="150" height="97" alt="Primary Logo"></img></a>

nVent Electric plc hosted its Investor Day, revealing an aggressive growth strategy focused on electrification and digitalization. The company forecasts robust organic sales growth of 10% to 13% CAGR and adjusted EPS growth of 17% to 20% CAGR, likely driving investor confidence and stock performance.

nVent Highlights Portfolio Transformation and Growth Priorities at 2026 Investor Day

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Market-Moving

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