Nvent LLC, based in San Francisco, experienced a strong quarter with reported sales reaching $568 million, marking a 5% increase from the previous quarter. Their full-year sales of $2.2 billion showed a 6% growth, driven by a 5% increase in organic sales.
The company reported fourth quarter earnings per share (EPS) of $0.37 and full-year EPS of $1.28, with adjusted EPS figures of $0.45 and $1.74 respectively. Nvent LLC also demonstrated financial strength by generating $344 million in net cash from operating activities and returning approximately $120 million to shareholders through dividends and share repurchases.
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