secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2024-05-21T23:59:59+00:00
Accession:  0001140361-24-027058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine Q4 adj EPS $0.77 (+15% YoY); FY2025 outlook adj EBITDA $365-385M
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- Q4 net sales $603.5M (-2% YoY), adjusted EBITDA $78.8M (+20% YoY), adjusted EPS $0.77 (vs $0.67 prior year).
- FY2024 net sales $2.4B (+5%), adjusted EBITDA $314.3M (+48%), adjusted EPS $3.25 (+67% YoY).
- Data center revenue grew 69% YoY; Performance Technologies gross margin improved 600 bps to 20% in Q4.
- FY2025 outlook: net sales +5-10%, adjusted EBITDA $365-385M, adjusted EPS $3.55-3.85.
- Free cash flow $126.9M in FY2024, up $70.1M YoY; total debt $431.6M, net debt $371.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036124027058/0001140361-24-027058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036124027058/ef20029568_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-027058

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