nVent Electric plc has reported record second-quarter sales of $963 million, marking a 30% increase compared to the same period last year, with organic sales growth of 9%. The company also reported an adjusted operating income of $200 million, an 18% rise from the previous year. Earnings per share $(EPS)$ adjusted for the quarter came in at $0.86, reflecting a 28% increase. nVent's free cash flow generation was $74 million for the quarter. The company highlighted significant organic order growth of over 20% year-over-year, with a substantial increase in backlog. The company has raised its full-year sales and adjusted EPS guidance, citing strong performance in new product contributions and growth in infrastructure, particularly AI data centers. nVent noted that all geographic regions experienced organic growth, and the Electrification, sustainability, and digitalization trends are expected to continue driving demand. The company remains focused on its transformation into a higher-growth electrical company, supported by strong orders and a robust balance sheet.
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