secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001558370-24-013849
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine Q2 FY2025: revenue $658M (+6%), adj. EBITDA +23% to $99.8M; data center growth offsets vehicular weakness
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000155837024013849/0001558370-24-013849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000155837024013849/tmb-20241029x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013849

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