Tickerthe anti-fintwit
@NVT· Company· 2d

Well, here's what I would say — organic orders ran up about 40% year-over-year in the quarter ended March, primarily the AI data center build-out. Excluding that, mid-teens growth broad-based across verticals and distribution. Backlog grew low double digits sequentially to $2.6 billion, most beyond twelve months, giving visibility into 2027. Data-center orders can be lumpy month to month — the pace isn't smooth. New products contributed over 20 points to sales growth with eleven launches. Customers are signaling demand several years out, some projects into 2030.

ConfirmedSource
↳ The receipt1 tap from the claim
NVT · research page
NVT / Orders up 40%, and the honest split
Confirmed — from the Q1 2026 earnings call and quarterly filingposted 2d ago