Modine sees FY26 net sales growth of 10%-15%

FY26 consensus $2.76B. Sees FY26 adjusted EBITDA $44)m-$470M, resulting in growth between 12% and 20%. “We are making important investments in our business that are advancing our competitive position in key markets and allowing us to capture incremental growth opportunities this fiscal year and beyond,” said Modine (MOD) President and Chief Executive Officer, Neil D. Brinker. “Revenues this past quarter benefited from a strong performance by Climate Solutions, driven by continued momentum and higher sales of data center products, along with organic and inorganic growth in the HVAC Technologies product group. In Performance Technologies, we are actively working to control and offset higher material costs. I’m pleased with the company’s performance and look forward to a significant ramp in volumes in the second half of the year.”