Engineering a Cleaner, Healthier World
Shifting Focus and Resources to High Growth Markets
MODINE
Engineering a Cleaner, Healthier World
Key Growth
Markets
Data Centers
Vertical
Data Centers
IAQ
HVAC&R
BATTERY CLEA
Heat Pumps
ATS
ELECTRIC
tterstock
HTP
Advanced Solutions
FY24 FC
Revenue
3-year CAGR
(FY23-26)
>$270M
~$75M
~$60M
~$100M
GenSets
Air Cooled
~$100M
30-40%
15-20%
10-20%
35-40%
30-35%
erstock
Key Products
Key Brands
Chillers
Computer Room
Air Conditioners
Custom solutions for the high
growth data center market
including maintenance and service
Airedale
by MODINE
School Unit Ventilators
| Configured HVAC solutions for
the K-12 school market,
benefiting from gov't funding
Airedale
by MODINE
Heat Transfer Coils
Coils for the growing EU heat
pump market benefiting from
regulations and subsidies
MODINE
DINE
Engineering a Cleaner, Healthier World
Battery Thermal
Management
System
Electronics
Cooling
Package
Thermal systems for the specialty
vehicle market with plug and
play solution for EV conversion
EVantage
Modules
Aluminum and copper-brass heat
exchanger modules for primary
Iand stand-by power generation
MODINE
Engineering a Cleaner, Healthier World
Component or
System
Component
System
Component
System
Component
System
Component
System
Component
System
Note: Revenue and 3-year CAGR estimates based on Q2FY24 forecasts and are subject to future update.
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