Modine to Host Analyst and Investor Day on November 18, 2026

(NYSE: MOD) Modine will host an Analyst and Investor Day in Chicago, Illinois, on Wednesday, November 18, 2026. The event will feature presentations from Modine President and Chief Executive Officer, Neil D. Brinker, and Executive Vice President and Chief Financial Officer, Michael B. (Mick) Lucareli, along with other members of the executive management team. The purpose of the event is to provide an update on the company's multi-year growth strategy and to announce new financial targets following the spin-off of the Performance Technologies segment. The presentation is scheduled to begin at 10:00 am ET. A simultaneous live webcast will be available on the Investor Relations section of Modine's website, and a replay will be accessible shortly after the event concludes. Modine describes itself as a diversified global leader in thermal management technology and solutions. The company states that it has more than 9,000 employees worldwide. Modine's businesses focus on systems that improve air quality, reduce energy and water consumption, and use environmentally friendly refrigerants. The company is headquartered in Racine, Wisconsin, and operates in North America, Europe, and Asia.

Modine Reports First Quarter Fiscal 2027 Results

(NYSE: MOD) Modine reported financial results for the quarter ended June 30, 2026, with net sales of $874.1 million, an increase of $191.3 million or 28 percent from the prior year. Net earnings were $74.3 million, up $22.6 million or 44 percent, and adjusted EBITDA was $106.5 million, an increase of $5.1 million or 5 percent from the prior year. Earnings per share rose to $1.37, a $0.42 or 44 percent increase, while adjusted earnings per share reached $1.53, up $0.47 or 44 percent. Data Centers segment sales were $348.6 million, up 90 percent, and Commercial HVAC segment sales were $261.6 million, up 22 percent, while Performance Technologies segment sales decreased 3 percent to $277.8 million. The company recorded $3.9 million of restructuring expenses and $7.1 million of costs related to the pending spin-off of the Performance Technologies segment. The company projects Fiscal 2027 net sales growth of +20% to 35% and adjusted EBITDA of $650 to $680 million, and expects the planned spin-off and merger of the Performance Technologies business with Gentherm to close in the fourth calendar quarter of this year.

Modine Publishes 2026 Sustainability Report

(NYSE: MOD) Modine announced the publication of its 2026 Sustainability Report, highlighting the early achievement of its 2030 targets for both energy and water intensity. The company achieved reductions in energy and water intensity based on a 2018 baseline, surpassing its 2030 targets for both metrics during fiscal year 2026. Modine maintained strong, consistent progress on reducing absolute Scope 1 and Scope 2 greenhouse gas emissions based on a 2018 baseline. The company received independent limited assurance on its GHG emissions data for the first time. Modine introduced new solutions, expanded the use of AI across products and operations, and advanced efforts to further embed sustainability throughout its value chain. The company has more than 13,000 employees worldwide and is headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. The company plans to develop new forward-looking targets to account for transformational change in its business and the opportunity to continue serving customers in high-growth markets.

Michael Mahan Joins Modine as President, Commercial HVAC

(NYSE: MOD) Modine announced that Michael Mahan has joined the company as President of the Commercial HVAC (CHVAC) segment. The CHVAC segment provides heating, ventilation, air conditioning, and heat transfer solutions for the commercial, industrial, and aerospace markets. Mr. Mahan brings more than 20 years of experience to this role, most recently serving as President, Crane Payment Innovations, a publicly reported segment of CraneNXT. Modine has more than 13,000 employees worldwide and is headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. The company has been solving thermal management challenges for more than 100 years. Modine's systems are designed to improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use environmentally friendly refrigerants. The company states its purpose as 'Engineering a Cleaner, Healthier World™'.

Modine Reports Fourth Quarter Fiscal 2026 Results

Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, reported record financial results for the fourth quarter and fiscal year ended March 31, 2026. The company achieved record quarterly net sales of $954.4 million, up 47 percent from the prior year, and record full-year net sales of $3.2 billion, a 23 percent increase. Fourth quarter net earnings were $73.6 million, up 47 percent, while full-year net earnings were $123.3 million, down 34 percent due to a $116.1 million non-cash pension termination charge. Adjusted EBITDA for the quarter was $146.1 million, up 40 percent, and for the year was $471.0 million, up 20 percent. The company completed three acquisitions in its Climate Solutions segment, launched its largest capacity expansion, and announced a pending spin-off of the Performance Technologies business. For fiscal 2027, Modine projects net sales growth between 20 percent and 35 percent and adjusted EBITDA between $650 million and $680 million. The outlook includes the Performance Technologies business for all of fiscal 2027 and will be updated once the timing of the spin-off is finalized.

Modine Announces Landmark $4 Billion Long-Term Capacity Agreement through 2029 with Strategic Data Center Customer for Airedale by Modine™ Cooling Solutions

Modine (NYSE: MOD) announced it has entered into a significant Long-Term Capacity Agreement (LTA) with a strategic data center customer for its Airedale by Modine™ cooling solutions. The agreement guarantees Modine will supply more than $4 billion of Airedale data center cooling products to the customer during calendar years 2027 through 2029. In connection with the LTA, Modine received an upfront cash payment of $165 million from the customer to support capacity investments and other expenditures. This deal advances Modine's strategic objective of accelerating growth in its Data Centers segment and demonstrates its collaborative approach with key customers. Company executives highlighted the agreement as validation of Modine's technology leadership and its commitment to supporting the digital economy. The agreement will allow Modine to expand operations to meet customer demands. Forward-looking statements in the announcement note that actual results may differ due to various risks and uncertainties.