Modine reports FY 2023–24 net sales at $2.4 billion, up 5% YOY
During fiscal year 2024, Modine recorded a $4 million gain on the sale of German automotive businesses, $15.0 million in restructuring expenses and $6.5 million of other charges including acquisition-related costs and environmental charges
Modine, a diversified global leader in thermal management technology and solutions, has reported total net sales of $2.4 billion for full financial year 2023–24, recording year-over-year growth of 5%, on increased demand for its products under climate solutions and performance technologies divisions, the company announced on May 21.
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