secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001140361-23-003856
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine Q3 FY2023 sales up 12% to $560M, adj. EBITDA up 36%, confirms FY guidance
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- Net sales $560M (+12% YoY); gross margin improved 250 bps to 17.4%.
- Adjusted EBITDA $53.3M (+36% YoY); adjusted EPS $0.48 vs $0.31 prior year.
- Climate Solutions segment: sales $248.6M (+9%); adj. EBITDA $35.4M (+48%).
- Performance Technologies: sales $317.8M (+13%); adj. EBITDA $25.6M (+48%).
- FY2023 outlook: net sales +6% to +12%; adj. EBITDA $190-$200M; expects high end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036123003856/0001140361-23-003856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036123003856/brhc10047306_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-003856

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