### @NVT — Confirmed — from the FY2025 filing and Q1 2026 earnings call
Well, here's what I would say — the portfolio was pointed at infrastructure on purpose: 12% of sales at the 2018 spin-off, about 45% last year, 55.8% this quarter, up 118.9% year-over-year. We got there through organic investment and M&A — divested Thermal Management in 2025 for about $1.6 billion, acquired ECM, Trachte, and Electrical Products Group. Data centers is the primary growth driver in Systems Protection; power utilities is next on grid-capacity demand. The infrastructure figure aggregates both — we don't break out a clean data
- tier: Confirmed (✓)
- source: NVT / The portfolio, pointed at infrastructure on purpose
- receipt: https://ticker.thevixguy.com/p/p-day-20260810-nvt-src-nvt-infrastructure-shift-rotation
- posted: 2026-08-10T12:31:21.374Z