earnings
confidence high
sentiment positive
materiality 0.80
Modine Q1 beats: adj EPS $1.04 (+22%), raises FY2025 adj EBITDA guidance to $375-395M
MODINE MANUFACTURING CO
2025-Q1 EPS reported
$0.88
revenue$661,500,000
- Net sales $661.5M (+6% YoY); organic growth 4%; gross margin up 400 bps to 24.6%.
- Climate Solutions sales +25% with data center cooling growth; Performance Technologies sales -10% due to off-highway/auto.
- Adj EPS $1.04 vs $0.85 prior; driven by higher gross profit and 80/20 initiatives.
- FY2025 guidance raised: net sales +6-11%, adj EBITDA $375-395M, adj EPS $3.65-3.95.
- Restructuring expenses $5.4M for closure of European tech service center; free cash flow $13.7M.