earnings
confidence high
sentiment positive
materiality 0.75
Modine Q2 FY2025: revenue $658M (+6%), adj. EBITDA +23% to $99.8M; data center growth offsets vehicular weakness
MODINE MANUFACTURING CO
2025-Q2 EPS
reported $1.73
vs consensus $0.93
▲ beat
(+85.6%)
- Net sales $658.0M (+6% YoY); operating income $75.3M (+15%); GAAP EPS $0.86 vs $0.87 prior; adj. EPS $0.97 (+9%).
- Climate Solutions sales up 27% to $366.4M (incl. Scott Springfield acquisition); organic +7%; Performance Technologies -12% to $297.5M (organic -5%).
- Adjusted EBITDA $99.8M (+23%); gross margin improved 340 bps to 25.2% on favorable sales mix.
- Free cash flow $57.5M in H1 FY2025 (down $27.1M) from working capital and capex; net debt $326.8M (down $44.7M).
- Guidance unchanged; expects record revenue and earnings for FY2025; data center demand and 80/20 initiatives cited.