Vertiv reports 60% organic orders growth, 8% net sales growth in first quarter; updates full year 2024 outlook

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 first quarter ended march 31, 2024. vertiv reported first quarter 2024 net sales of $1,639 million, an increase of $118 million, or 8%, compared to last year's first quarter. the book-to-bill ratio was 1.5x in the first quarter and organic orders (excluding foreign exchange) increased 60% from last year's first q.
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