Modine Manufacturing Company Q2 2025 Earnings Release

Modine Manufacturing Company reported its second quarter fiscal 2025 results, showing a 12% increase in net sales to $738.9 million, driven by strong growth in the Climate Solutions segment, particularly in data center products. However, net earnings decreased by 3% to $44.8 million due to temporary operating inefficiencies and increased costs related to capacity expansion. Adjusted EBITDA rose 4% to $103.8 million, and adjusted earnings per share increased 9% to $1.06. The company raised its full-year revenue guidance to 15-20% growth, reflecting strong demand for data center solutions. Despite the challenges, Modine remains on track to achieve its long-term growth targets, including over $2 billion in data center revenue by fiscal 2028.