Engineering a Cleaner, Healthier World
Performance Technologies
Performance Technologies provides technologies
and services that enhance fuel efficiency and
durability, improve battery performance and prolong
the life of components in harsh environments
FY2023 Sales
Sales & Adjusted
EBITDA Margin
Liquid-Cooled
38%
Advanced
Solutions
11%
$1.3B
Air-Cooled
51%
$1.2B
12%
$1.3B
Air-Cooled
Applications
Liquid-Cooled
Applications
Segment Targets
MODINE
Engineering a Cleaner, Healthier World
Advanced
Solutions
BATERY ELECTRIC
DESENECES
BATTERY ELECTRIC
Launch
FY 2022
Phase 1
FY 2024
Phase 2
FY 2027
Revenue
$1.2 billion
5-7% CAGR
0-3% CAGR
7.6%
6.2%
+140bps
EBITDA
Margin
6.2%
10-12%
14-16%
CapEx %
of Sales
2.5%
2.0-2.5%
1.5-2.0%
FY23
13
FY22
See appendix for Non-GAAP reconciliationsView entire presentation