Strong quarterly results driven by strategic acquisitions and organic data center growth
RACINE, Wis., Oct. 29, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended September 30, 2024.
Second Quarter Highlights:
Net sales of $658.0 million increased 6 percent from the prior yearOperating income of $75.3 million increased 15 percent from the prior yearAdjusted EBITDA of $99.8 million increased $18.6 million, or 23 percent, from the prior yearEarnings per share of $0.86 decreased $0.01 from the prior yearAdjusted earnings per share of $0.97 increased $0.08, or 9 percent, from the prior yearThe information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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