nVent Electric plc reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 861.2 million compared to USD 741.6 million a year ago. Net income was USD 254.9 million compared to USD 158.7 million a year ago. Basic earnings per share from continuing operations was USD 1.54 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 1.51 compared to USD 0.94 a year ago.
For the full year, sales was USD 3,263.6 million compared to USD 2,909 million a year ago. Net income was USD 567.1 million compared to USD 399.8 million a year ago. Basic earnings per share from continuing operations was USD 3.42 compared to USD 2.4 a year ago. Diluted earnings per share from continuing operations was USD 3.37 compared to USD 2.38 a year ago.