Discontinued — last reported Q3 '23
Developed Europe (1) — Net Sales
nVent Electric plc Developed Europe (1) — Net Sales increased by 3.0% to $149.60M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.7%, from $138.90M to $149.60M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growing market share or rising demand for electrical infrastructure in developed European markets, while a decrease may signal economic headwinds or increased regional competition.
Detailed definition
This metric represents the total revenue generated from external customers located within the developed markets of Europ...
Peer comparison
Peers in the industrial electrical equipment sector typically report regional revenue to highlight geographic diversification and exposure to specific regulatory or industrial environments.
nvt_segment_developed_europe_1_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $141.70M | $143.50M | $148.50M | $149.00M | $145.50M | $138.90M | $142.20M | $151.00M | $145.20M | $149.60M |
| QoQ Change | — | +1.3% | +3.5% | +0.3% | -2.3% | -4.5% | +2.4% | +6.2% | -3.8% | +3.0% |
| YoY Change | — | — | — | — | +2.7% | -3.2% | -4.2% | +1.3% | -0.2% | +7.7% |
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Frequently Asked Questions
- What is nVent Electric plc's developed europe (1) — net sales?
- nVent Electric plc (NVT) reported developed europe (1) — net sales of $149.60M in Q3 2023.
- How has nVent Electric plc's developed europe (1) — net sales changed year-over-year?
- nVent Electric plc's developed europe (1) — net sales increased by 7.7% year-over-year, from $138.90M to $149.60M.
- What does developed europe (1) — net sales mean?
- The total revenue earned from sales in developed European countries.