Modine sees FY26 Adjusted EBITDA $440M-$470M

Sees FY26 Net Sales up 15%-20%. “Organic growth in Climate Solutions continues to gain momentum and is projected to accelerate in the second half of the fiscal year,” said Modine (MOD) President and CEO, Neil D. Brinker. “We now anticipate Data Centers revenue to grow by more than 60% year-over-year, reflecting strong demand and strategic execution. Based on current market conditions, we are raising our revenue outlook and reaffirming our guidance for adjusted EBITDA. Our expanded capacity positions us to meet growing demand for data center products, and keeps us on track to achieve our target of more than $2B in Data Centers revenue by FY28.”