Aug. 4 at 2:03 PM
$MOD From today's Trader Times article:
""Revenue vision:
$2 billion with data centers by 2028 For the 2026 fiscal year, Modine expects further record figures with revenue growth of 2-10% and adjusted EBITDA between
$420 million and
$450 million. Data centers, including new technical solutions and capacity expansions, remain the driving force. CEO Brinker also remains confident that the capacity expansion, combined with strong demand, will put the company on a clear path to
$2 billion in data center revenue by fiscal 2028. By way of comparison, Modine‘s revenue in the data center segment was around
$800 million in fiscal 2025. (cont.)