Modine Manufacturing Company has announced changes to its segment product groups, effective FY26. These adjustments follow recent acquisitions in Climate Solutions and strategic shifts in Performance Technologies. The company plans to start reporting revenue under the new structure in the first quarter of Fiscal 2026. Performance Technologies will now be divided into Heavy-Duty Equipment and On-Highway Applications, with Advanced Solutions (EV systems) included in the latter. Climate Solutions will report revenue in three categories: Heat Transfer Solutions, HVAC Technologies, and Data Centers. This re-segmentation aligns with Modine's ongoing 80/20 cycle adjustments. You can access the full presentation through the link below.
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