Engineering a Cleaner, Healthier World
$2.1B
Financial Snapshot: Progressing Towards Targets
Fiscal Year Ended March 31,
Net Sales
12%
$2.3B
>6%
$2.6B*
HI.
Adjusted EBITDA &
EBITDA Margin
$159M
34%
$212M
>34%
Six Months Ended September 30,
Net Sales
$300M*
$1.2B
$1.1B
บ
11%
MODINE
Engineering a Cleaner, Healthier World
Adjusted EBITDA &
EBITDA Margin
$93M 73%
Ha Ha
7.7%
2022
2023
2024
2022
FY2022 Launch
Revenue: $2.1B
EBITDA Margin: 7.7%
+150bps
9.2%
2023
2024
2022
FY2024 Outlook
Revenue Growth: 6-11%
Adj. EBITDA $285M-$300M
EBITDA Margin: 11-12%
2023
8.3%
2022
+470bps
$162M
13.0%
2023
FY2025-27 Targets
Revenue: 8-10% CAGR
EBITDA Margin: 13-15%
*Our fiscal 2024 guidance is based on our guidance ranges recently presented. See appendix for Non-GAAP reconciliations.
12View entire presentation