secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2022-05-25T23:59:59+00:00
Accession:  0001140361-22-020587
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine Q4 net sales up 12% to $574.4M; adj. EPS $0.57; guides FY2023 EBITDA $180M-$195M
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- Q4 net sales $574.4M (+12% YoY); operating income $20.6M vs loss of $14.3M in prior year.
- Adjusted EPS $0.57 vs $0.51; adjusted EBITDA $56.7M, up 34% YoY.
- BHVAC sales up 52% to $101.9M; CIS sales up 20% to $171.3M, adj. EBITDA nearly doubled to $24.1M.
- FY2023 outlook: net sales up 6-12% YoY; adj. EBITDA $180M-$195M vs $158.8M in FY2022.
- Automotive segment sales fell 21% due to divestiture and semiconductor shortage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036122020587/0001140361-22-020587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036122020587/brhc10038084_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-020587

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer