Vertiv reports record fourth quarter 2022 net sales, operating profit, adjusted operating profit(1) and price realization; raising operating profit and adjusted operating profit guidance for 2023

Columbus, ohio--(business wire)--vertiv holdings co (nyse: vrt), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its fourth quarter ended december 31, 2022. vertiv reported fourth quarter net sales of $1,655 million, an increase of $244 million, or 17.3%, compared with last year's fourth quarter and a 22.0% organic net sales increase(1), which excludes the impact of foreign currency, acquisitions and divestitures.
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