Modine (MOD) Q1 FY27 earnings call

Modine reported strong top-line growth in Q1 FY27, particularly in its Data Center segment, which saw a 90% revenue increase and record order intake despite temporary supply chain disruptions impacting margins. The company is actively managing these challenges, expecting sequential margin improvement throughout the year, and remains on track for its full-year record sales and adjusted EBITDA targets. The spin-off of Performance Technologies is progressing as planned, allowing for increased focus on the high-growth HVAC and Data Center businesses.