Vertiv(VRT) - 2024 Q1 - Quarterly Results
Vertiv(VRT)2024-04-24 18:01
Vertiv Reports 60% Organic Orders Growth, 8% Net Sales Growth in First Quarter; Updates Full Year 2024 Outlook • First quarter 2024 organic orders up 60% compared to first quarter 2023, book-to-bill ratio 1.5x in first quarter 2024 and record high $6.3 billion backlog at the end of first quarter 2024 • First quarter 2024 net sales of $1,639 million, 8% higher than first quarter 2023 • First quarter 2024 operating profit of $203 million and adjusted operating profit(1) of $249 million, up 42% from first quar ...