Modine reports 8% y/y decline in net sales to USD1.8 billion for FY 2020/21

Financial results

Company expects full-year 2021/22 sales growth of 12–18%

American thermal management technology and solutions provider Modine has reported an 8% year-on-year (y/y) decline in net sales to USD1.8 billion for the fiscal year ended 31 March 2021, according to a company press release on 26 May

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