Modine Manufacturing

Modine Manufacturing Co. engages in provision of thermal management solutions. It operates through the following segments: Heavy-Duty Equipment(HDE), Automotive, Commercial and Industrial Solutions (CIS), and Building HVAC Systems (BHVAC). The HDE segment provides powertrain and engine cooling products, including, but not limited to, radiators, charge air coolers, condensers, oil coolers, EGR coolers, fuel coolers, electronics cooling packages, and battery thermal management systems to OEMs in the commercial vehicle, off-highway, and automotive and light vehicle markets in North America, South America, Europe, and Asia. The Automotive segment provides powertrain and engine cooling products, including, but not limited to, radiators, charge air coolers, condensers, oil coolers, and EGR coolers, to OEMs primarily in the automotive and light vehicle markets in North America, Europe, and Asia. The VTS segment provides engineered heat transfer systems and components for use in on- and off-highway original equipment. The CIS segment offers thermal management products, including customized coils and coolers. The BHVAC segment includes heating, ventilating, and air conditioning products, primarily for commercial buildings and related applications. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

Earnings data Q4 2021

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Modine reports record Q1 results, eyes technology and growth

Modine's Q1 2023 performance reflects strong financial results and positive outlook for fiscal '24. The company's focus on technology, bolt-on acquisitions, and human capital stability positions it well for future growth. However, challenges in managing working capital needs and achieving margin targets require attention.

Modine reports record quarter with 15% top-line growth and raised outlook for data center revenue

Modine's Q1 fiscal 2024 earnings call highlighted strong performance, particularly in data center sales and the Performance Technologies segment. The company raised its sales and earnings outlook for fiscal '24 and expressed satisfaction with the team's progress in growing the inorganic pipeline. However, concerns were raised about decelerating growth in the European heat pump segment due to conflicting regulations.

Modine Manufacturing reports robust Q3 performance amidst supply chain challenges

Modine Manufacturing's Q3 performance reflects strong sales and EBITDA growth, driven by improvements in both segments.
While facing challenges from supply chain issues, the company remains optimistic about future revenue growth and margin targets.
Opportunities lie in leveraging favorable working capital, sustaining operational efficiency, and capitalizing on market prospects.

Modine Manufacturing achieves record sales and sets sights on growth

Modine Manufacturing's strong financial performance in Q4 and FY 2023, driven by record sales and improved margins, positions it well for continued growth. With a robust outlook for FY 2024 and strategic initiatives in place, the company is poised to capitalize on market opportunities and enhance shareholder value.

Modine Manufacturing reports record Q1 results and eyes strategic growth

Modine Manufacturing delivered exceptional financial performance, with robust revenue growth, improved margins, and a positive outlook for fiscal '24.
While facing challenges in European market regulations and acquisition evaluations, the company remains focused on strategic growth opportunities and operational efficiency.
With a strong emphasis on innovation and market expansion, Modine is poised to capitalize on emerging trends and solidify its position in key market segments.

Modine Manufacturing exceeds Q2 expectations, eyes growth amid challenges

Modine Manufacturing delivered strong financial performance in Q2 2024, surpassing revenue and EBITDA expectations.
The company's strategic divestitures, focus on margin improvement, and investments in growth areas position it for future success.
While facing market uncertainties and challenges, Modine's emphasis on high-margin businesses and operational efficiency is notable.
Opportunities in new product development and revenue growth areas offer promising prospects for Modine's continued expansion.

Modine Manufacturing excels in Q3 with margin growth and strategic acquisitions

Modine Manufacturing's Q3 2024 earnings call highlighted strong financial performance, operational improvements, and strategic initiatives for growth. Despite challenges in certain segments and divestitures, the company remains optimistic about its outlook and opportunities for expansion.

Modine Manufacturing achieves record sales and EBITDA growth in Q4 2024

Modine Manufacturing's strong performance in fiscal '24, marked by record sales and improved margins, reflects strategic positioning and operational efficiency.
While facing challenges in specific segments like heat pump sales, the company's focus on growth areas like data centers and Performance Technologies presents promising opportunities.
With a clear outlook for fiscal '25, Modine aims to capitalize on market trends, drive organic growth, and enhance profitability through strategic investments and pricing strategies.
Investors should note the company's resilience in navigating market conditions, leveraging strengths in key segments, and pursuing growth avenues while managing challenges effectively.

Modine Manufacturing reports strong Q1 earnings and raises fiscal '25 outlook

Modine Manufacturing's Q1 2025 earnings call showcased impressive top-line growth, margin improvement, and strong financial performance across segments.
The company's raised outlook for sales, earnings, and adjusted EPS reflects confidence in sustained growth and profitability for fiscal year 2025.
While facing challenges in maintaining growth momentum and operational execution, Modine Manufacturing remains well-positioned to capitalize on opportunities in its key segments.
Strategic acquisitions, product innovation, and financial discipline are key drivers for Modine Manufacturing's continued success and market expansion.

Modine Manufacturing reports robust Q2 performance and strategic growth focus

Modine Manufacturing's Q2 performance reflects strong sales growth, margin improvement, and cash flow generation. Despite challenges in vehicular markets, the company's strategic focus on key growth pillars and market trends bodes well for future success. Opportunities in data centers, high-performance cooling solutions, and power generation offer avenues for continued growth and profitability.

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Modine Manufacturing Co. engages in the provision of thermal management products and solutions. It operates through the Climate Solutions and Performance Technologies business segments. The Climate Solutions segment provides climate-controlled solutions and components, heat transfer products, heating, ventilating, air conditioning and refrigeration products, and data center cooling solutions. The Performance Technologies segment designs and manufactures air- and liquid-cooled technology for vehicular, stationary power, and industrial applications. In addition, the Performance Technologies segment provides thermal solutions to zero-emission and hybrid commercial vehicle and automotive customers, and coating products and application services. The company was founded by Arthur B. Modine on June 23, 1916 and is headquartered in Racine, WI.

Acquisition provides modular heat pump chillers and condensing units that complement Modine's existing indoor air quality line focused on the North American K-12 school market RACINE, Wis. , July 6, 2023 /PRNewswire/ -- Modine  (NYSE: MOD), a diversified global leader in innovative thermal management and ventilation solutions, announced today that it acquired Napps Technology, a manufacturer of air- and water-cooled chillers, condensing units and heat pumps for the K-12 school market and other similar applications.

Modine Acquires Napps Technology, Expanding Product Offering in Strategic Indoor Air Quality Markets

Leading HVAC solutions provider gives insight into ways school leaders can help maintain healthy learning environments in wake of Canadian wildfires RACINE, Wis. , June 20, 2023 /PRNewswire/ -- With the recent Canadian wildfires creating smoke that has blanketed significant portions of the United States, Modine (NYSE: MOD), a technology leader in the HVAC industry, is offering free Needlepoint Bipolar Ionization to schools for a limited time.

MODINE OFFERS NPBI® TECHNOLOGY TO COMBAT AIR POLLUTION

MOD had a very successful FY 2023 with record financial results. The company has very solid growth levers, especially in Europe, which bodes well for its future growth. Its current valuation shows that the company is undervalued with an upside potential of about 20%.

Modine Manufacturing Company: The Future Is Promising And Valuation Is Reasonable

Testing laboratory, service maintenance team, and apprenticeship program launch at Virginia facility. RACINE, Wis.

Airedale by Modine™ Invests in Expanded Service Offerings for U.S. Data Center Customers

Modine L-CON battery thermal management system delivers optimal battery performance in a package small enough to meet the space claim requirements of the Elgin Pelican® three-wheeled broom sweepers RACINE, Wis. , June 6, 2023 /PRNewswire/ -- In support of the transition to emissions-free mechanical sweeping vehicles, Modine  (NYSE: MOD, "Modine") today announced that Elgin Sweeper Company ("Elgin Sweeper") will leverage the Modine EVantage™ L-CON Battery Thermal Management System (BTMS) for the hybrid version of its Pelican® three-wheeled mechanical sweeper.

Modine Thermal Management Solution To Be Deployed in Next-Generation Street Sweeper by Elgin

Modine Manufacturing Company (NYSE:MOD ) Q4 2023 Earnings Conference Call May 25, 2023 11:00 AM ET Company Participants Kathy Powers - Vice President, Treasurer and Investor Relations Neil Brinker - President and Chief Executive Officer Mick Lucareli - Executive Vice President and Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Brian Sponheimer - Gabelli Funds Tim Moore - EF Hutton Steve Ferazani - Sidoti & Company Florence Dethy - D.C.

Modine Manufacturing Company (MOD) Q4 2023 Earnings Call Transcript

Modine (MOD) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.57 per share a year ago.

Modine (MOD) Q4 Earnings and Revenues Beat Estimates

Strong fourth quarter drives record full year 2023 sales and earnings Fiscal 2024 outlook calls for another record year with continued margin expansion across both segments  RACINE, Wis. , May 24, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2023.

Modine Reports Fourth Quarter Fiscal 2023 Results

Leading HVAC solutions provider helps schools prepare for students in summer programs RACINE, Wis. , May 23, 2023 /PRNewswire/ -- Modine (NYSE: MOD), a technology leader in the HVAC industry, recognizes how important it is to create comfortable and healthy spaces for students year-round, including those attending K-12 summer school programs.

Modine Recommends Top Tips for Creating Comfortable K-12 Classrooms

New capacity at existing Serbia location will manufacture coils for commercial and residential heat pump applications. RACINE, Wis.

MODINE MANUFACTURING TO EXPAND EUROPE PRODUCTION TO SERVE GROWING HEAT PUMP MARKET

RACINE, Wis. , May 11, 2023 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its fourth quarter and fiscal year 2023 financial results for the period ended March 31, 2023, on Thursday, May 25, 2023, at 10:00 a.m.

Modine to Host Fourth Quarter Fiscal 2023 Earnings Conference Call on May 25, 2023

New energy-efficient cooling package is purpose-built to minimize temperature swings and meet stringent conductivity needs of fuel cell stacks. RACINE, Wis.

Modine Launches New EVantage™ Fuel Cell Stack Cooling Package for Commercial Zero-Emission Vehicles

Here is how Modine (MOD) and Paccar (PCAR) have performed compared to their sector so far this year.

Is Modine Manufacturing (MOD) Outperforming Other Auto-Tires-Trucks Stocks This Year?

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Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Modine (MOD) or Mobileye Global (MBLY). But which of these two stocks presents investors with the better value opportunity right now?

MOD vs. MBLY: Which Stock Should Value Investors Buy Now?

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Purpose-built thermal management solutions from Modine keep EV systems in optimal temperature ranges for REV Group's fire apparatus brands E-ONE, KME, Ferrara and Spartan Emergency Response. RACINE, Wis.

Modine Provides Thermal Management for REV Fire Group's All-Electric Fire Truck, the Vector™

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Let's take a look at four top-ranked stocks, OSW, MOD, CVCO and ARCO, with stellar net profit margins for a winning portfolio.

Add 4 Stocks With Solid Net Profit Margin for Better Returns

Today, we explore how investors can utilize an ROE screen to find 'Strong Buy' stocks that have proven they can turn assets into profits to buy for February and beyond

Find 'Strong Buy' Stocks as Inflation Lingers with this ROE Screen

Leading HVAC manufacturer continues to showcase commitment to K-12 schools with new ventilation product. RACINE, Wis.

MODINE CREATES COMFORTABLE AIR ALONG THE COASTLINE WITH LAUNCH OF SENTINEL® HIGH HUMIDITY

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Modine (MOD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Modine (MOD) Is Still a Bargain Stock

Modine Manufacturing Company (NYSE:MOD ) Q3 2023 Earnings Conference Call February 2, 2023 11:00 AM ET Company Participants Kathy Powers - Vice President of Treasury & Investor Relations Neil Brinker - President & Chief Executive Officer Mick Lucareli - Executive Vice President & Chief Financial Officer Conference Call Participants Brian Sponheimer - Gabelli & Company Steve Ferazani - Sidoti & Company Operator Good morning, ladies and gentlemen and welcome to the Modine Manufacturing Company's Third Quarter Fiscal 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Modine Manufacturing Company (MOD) Q3 2023 Earnings Call Transcript

Modine (MOD) delivered earnings and revenue surprises of 11.63% and 0.23%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Modine (MOD) Q3 Earnings and Revenues Beat Estimates

Double digit top-line growth and meaningful margin improvement; Company confirms earnings outlook for fiscal 2023 RACINE, Wis. , Feb. 1, 2023 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2022.

Modine Reports Third Quarter Fiscal 2023 Results

Today I'd like to talk to you about a small company, perhaps a relatively unknown company, but a piece of American history nonetheless. However, as with any company, Modine is not without its challenges and risks. Increased competition, high customer concentration, and lackluster financial performance are just a few of the issues.

Modine Manufacturing: The Risks Outweigh The Rewards

The new EV thermal management solution delivers a complete, plug-and-play system suited to the harsh environments of off-highway machines and specialty commercial vehicles. RACINE, Wis.

Modine Targets Rugged Off-Highway EV Market With new Battery Thermal Management System

Leading HVAC manufacturer to display Hot Dawg®, infrared patio heater during its first appearance at the industry's premier homebuilding expo. RACINE, Wis.

News for Modine Manufacturing Stock (MOD)