secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0001140361-22-027360
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine segments realigned to Climate Solutions & Performance Technologies; recast FY2022 data
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- New segments: Climate Solutions (Building HVAC + CIS ex coatings) and Performance Technologies (Heavy Duty, Auto, CIS Coatings).
- Recast FY2022 net sales: Climate Solutions $910.5M, Performance Tech $1,172.4M, total $2,050.1M.
- FY2022 adjusted EBITDA: Climate Solutions $99.5M (10.9% margin), Performance Tech $73.2M (6.2% margin), total $158.8M.
- Q3 FY2022 includes $57.2M impairment reversal from terminated sale of liquid-cooled auto business with Dana.
- No impact on consolidated financials; segment realignment effective April 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036122027360/0001140361-22-027360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036122027360/brhc10039841_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-027360

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