Climate Solutions Segment Revenue Growth
The Climate Solutions segment posted a 24% increase in revenue, with data center sales increasing by 42% and HVAC Technologies by 25%, driven by recent acquisitions.
Data Center Capacity Expansion
Significant progress in expanding U.S. manufacturing capacity for data center products, including the launch of chiller production in Grenada, Mississippi, and plans for further expansion in Texas, Wisconsin, and Missouri.
Increased Revenue Outlook
Total company sales expected to grow 15% to 20% for fiscal 2026, with data center sales anticipated to grow over 60%.
Performance Technologies Segment Margin Improvement
Adjusted EBITDA margins for Performance Technologies increased by 90 basis points due to cost control measures, despite a 4% decline in revenues.
Successful Integration and Expansion Globally
Successful launch of data center products in Chennai, India, and plans to expand chiller capacity in the U.K. to support European demand.