secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0001140361-24-034314
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine realigns segment reporting, moves Coatings business to Climate Solutions
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- Effective April 1, 2024, Coatings business moved from Performance Technologies to Climate Solutions to better align with Heat Transfer Products.
- Recast FY2024 net sales: Climate Solutions $1,108.1M, Performance Technologies $1,321.3M (coatings formerly in PT).
- Recast FY2024 segment operating income: CS $178.6M, PT $111.7M; adjusted EBITDA: CS $208.1M, PT $152.4M.
- No impact on consolidated financials; recast data provided for each quarter and full year fiscal 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036124034314/0001140361-24-034314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036124034314/ef20032126_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-034314

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