Exhibit 99.1

News Release
nVent Reports Third Quarter 2019 Financial Results
Strong third quarter productivity and operational performance

Reported sales of $560 million were down 1%; Organic sales down 1%
Reported EPS of $0.35, down 8%; Adjusted EPS of $0.49, up 7%
Reported return on sales of 15.4%, down 120 bps; Adjusted return on sales of 20.5%, up 10 bps
Completed Eldon acquisition, strengthening global growth opportunity

Reconciliations of GAAP (reported) to Non-GAAP measures are in the attached financial tables.
LONDON, UNITED KINGDOM – October 30, 2019 – nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced financial results for the third quarter of 2019 and provided guidance for the fourth quarter and full-year 2019.
Third quarter sales of $560 million were down 1 percent relative to the third quarter 2018 and declined 1 percent organically, which excludes the impact from currency fluctuations and acquisitions. Eldon added approximately $8 million in sales to the Enclosures segment during the third quarter. Third quarter 2019 earnings per diluted share (“EPS”) were $0.35, while on an adjusted basis, the company had EPS of $0.49. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.
Third quarter 2019 operating income was $86 million, down 8 percent from $94 million in the third quarter of 2018. On an adjusted basis, segment income was $115 million, flat compared to the third quarter of 2018, as price and productivity initiatives offset inflation and the impact of volume declines.
Net cash provided by operating activities was $158 million in the first three quarters of 2019 and total free cash flow was $135 million. The company continues to target full-year free cash flow of approximately 100 percent of adjusted net income.
"I am pleased with our third quarter execution across the portfolio. We expanded adjusted return on sales by achieving strong productivity gains and driving price despite a weaker macro environment. We continue to align our cost structure to current market trends while investing in our strategic priorities. Our One nVent growth initiatives continue to contribute positive growth. Our adjusted EPS grew 7% year-over-year and we had over 100% free cash flow conversion,” said Beth Wozniak, nVent's chief executive officer. "We closed the Eldon acquisition during the quarter and remain excited about the opportunity to drive global growth."


The following information was filed by Nvent Electric Plc (NVT) on Wednesday, October 30, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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