Modine Manufacturing Company, a leader in thermal management technology, released its financial results for the fourth quarter and fiscal year ended March 31, 2025. The company reported a 7% increase in fourth-quarter net sales, reaching $647.2 million, compared to $603.5 million in the prior year. Net earnings for the fourth quarter rose significantly by 92% to $50.1 million, while adjusted EBITDA increased by 32% to $104.1 million. Earnings per share for the quarter rose to $0.92, marking a 92% increase from the prior year. For the full fiscal year 2025, Modine achieved record net sales of $2.6 billion, a 7% increase from the previous year. The company also reported record net earnings of $185.5 million, up 14% from the prior year, and adjusted EBITDA of $392.1 million, a 25% increase. Earnings per share for the year rose to $3.42, a 13% increase. Looking ahead, Modine provided its fiscal 2026 outlook with expected net sales growth between 2% to 10%. The company anticipates adjusted EBITDA ranging from $420 million to $450 million, indicating growth between 7% and 15%. Modine's President and CEO, Neil D. Brinker, highlighted the success of the company's 80/20 transformation strategy, which has enabled strong performance despite challenges in the vehicular markets. The transformation has particularly benefited their data center business, which has experienced above-market growth.