Modine Reports Second Quarter Fiscal 2026 Results
Second Quarter Financial Results Net sales increased 12 percent to 658.0 million in the prior year. Sales growth was driven by higher sales in the Climate Solutions segment, driven by strong demand from data center customers and sales from acquired businesses, partially offset by lower sales in the Performance Technologies segment, primarily related to on-going market weakness. Gross profit decreased 164.9 million and gross margin decreased by 290 basis points ...