Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Modine Reports Fourth Quarter Fiscal 2025 Results Strong fourth quarter resulted in third consecutive year of record results Fiscal 2026 outlook indicates continued growth and further progress toward financial targets Racine, WI – May 20, 2025 – Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2025. Fourth Quarter Highlights: Full-Yea ...

Core Insights - Modine reported a strong fourth quarter and fiscal year 2025, achieving record revenue and adjusted EBITDA for the third consecutive year, driven by growth in the Climate Solutions segment and effective transformation strategies [2][10][12]. Fourth Quarter Highlights - Net sales increased by 7% to $647.2 million compared to $603.5 million in the prior year, primarily due to higher sales in the Climate Solutions segment [3][10]. - Gross profit rose by 23% to $166.0 million, with gross margin improving by 330 basis points to 25.7%, attributed to favorable sales volume and mix in the Climate Solutions segment [4][10]. - Operating income increased by 59% to $74.5 million, while net earnings surged by 92% to $50.1 million [6][10]. Full-Year Highlights - Fiscal 2025 net sales reached $2,583.5 million, a 7% increase from $2,407.8 million in the previous year, driven by strong performance in the Climate Solutions segment [9][10]. - Record net earnings of $185.5 million represented a 14% increase from the prior year, with adjusted EBITDA rising by 25% to $392.1 million [10][12]. - Earnings per share increased to $3.42, up from $3.03 in the previous year [10][12]. Fiscal 2026 Outlook - The company anticipates continued growth in fiscal 2026, projecting net sales growth between 2% to 10% and adjusted EBITDA in the range of $420 million to $450 million, reflecting a growth of 7% to 15% [10][15]. - The Climate Solutions segment is expected to maintain strong performance, supported by a robust order book for data center products [15]. - The Performance Technologies segment will focus on cost reduction measures due to ongoing challenges in vehicular end markets [15]. Segment Performance - The Climate Solutions segment reported sales of $356.3 million, a 28% increase year-over-year, driven by data center cooling and HVAC&R products [11][33]. - The Performance Technologies segment experienced an 11% decline in sales to $294.8 million, primarily due to market-related declines in automotive and commercial vehicle sectors [11][33]. Balance Sheet & Liquidity - As of March 31, 2025, total debt was $350.8 million, with cash and cash equivalents totaling $71.6 million, resulting in net debt of $279.2 million, a decrease of $92.3 million from the previous year [14][40]. - The company generated $213.3 million in net cash from operating activities, with free cash flow increasing to $129.3 million [13][41].

Core Viewpoint - Modine is investing over $38 million to expand its manufacturing capacity for data center chillers at its Grenada, MS facility, which is expected to create more than 450 jobs by the end of 2028 [1][2]. Investment and Job Creation - The investment will enhance one of Modine's facilities in Grenada, MS, focusing on building upgrades and product line expansion for Airedale by Modine™ chillers [1][2]. - More than 450 jobs are anticipated to be created as a result of this investment [1]. Strategic Growth and Market Positioning - The expansion aligns with Modine's strategy to evolve its portfolio for long-term growth, particularly in response to demand from hyperscale and co-location data center customers [2]. - Modine's facility in Grenada will increase its dedicated data center product development testing capabilities in the U.S., complementing its existing facility in Rockbridge, VA [2]. Global Manufacturing Footprint - The Grenada investment contributes to Modine's global manufacturing footprint for Airedale by Modine™ data center cooling solutions, which also includes facilities in Canada, Spain, the UK, and a new facility in India [3]. - Modine aims to provide a comprehensive range of mission-critical cooling solutions, including high-efficiency chillers and intelligent controls [3]. Company Overview - Modine has over 100 years of experience in thermal management solutions, focusing on engineering a cleaner and healthier world through innovative technologies [4]. - The company operates globally with more than 11,000 employees, advancing its purpose through systems that improve air quality and reduce energy consumption [4].

Modine Manufacturing Company (MOD) is slated to release fourth-quarter fiscal 2025 results on May 21, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share (EPS) and revenues is pegged at 95 cents and $629.47 million, respectively.For the fiscal fourth quarter, the consensus estimate for Modine’s earnings has moved down a penny in the past seven days. Its bottom-line estimates imply 23.38% growth from the year-ago reported numbers. The Zacks Consensus Estim ...

Summary of Modine Manufacturing Company (MOD) FY Conference Call Company Overview - **Company**: Modine Manufacturing Company (MOD) - **Event**: Oppenheimer's twentieth Annual Industrial Growth Conference - **Date**: May 08, 2025 Key Industry Insights Data Center Market - **Growth Projections**: Initial growth outlook for fiscal year 2025 was 60% to 70%, revised to 110% to 120% due to increased demand from hyperscalers [4][6] - **Hyperscaler Relationships**: Expanded from one significant relationship to four, enhancing sales opportunities [5][6] - **Acquisition Impact**: The acquisition of Scott Springfield added evaporative cooling technology, allowing access to a previously blocked market segment [6][7] - **North American Chiller Market**: Significant growth noted in North America, particularly in chiller markets, with expansions in Virginia and Mississippi [7][8] - **Core Technology**: Focus on free cooling technology and evaporative cooling, addressing both water and electricity efficiency [10][11] Customer Diversification - **Current Customer Base**: Approximately 50% hyperscale and 50% colocation, with potential shifts based on customer CapEx or leasing models [23][27][28] - **AI Orders**: Secured a $180 million order for AI chillers from a Neo Cloud provider, indicating diversification into new customer pools [24][25] Competitive Dynamics - **Market Share Growth**: Modine has been gaining market share despite increased competition in liquid cooling and chiller capacity [29][31] - **Sustainable Growth**: Projected 30% organic growth in data center for fiscal year 2026, with a CAGR of 45% to 55% expected [12][31] Financial and Operational Highlights Capacity Expansion - **Investment in Capacity**: Capacity has more than doubled from $500 million to over $1 billion based on market visibility and probability analysis [18][19] - **Pipeline Potential**: The sales pipeline is five to six times the current revenue, indicating strong future growth potential [21] M&A Strategy - **Acquisition Focus**: Active in M&A to fill technology gaps and enhance data center capabilities, with a strong buy-side funnel [38][40] - **Absolute Air Acquisition**: A strategic acquisition to extend product lines and leverage existing partnerships [34][36] Capital Allocation - **Prioritization**: M&A is the top priority, followed by internal CapEx for growth, with buybacks being a lower priority [80][82] - **Divestiture Plans**: Plans to divest $250 million to $300 million in automotive revenue, focusing on non-core assets [55][58] Market Trends and Challenges HVAC and Heat Transfer Products - **Market Transformation**: Strategic simplification of the coils business has improved margins, with a focus on cash generation for reinvestment [43][44] - **Impact of ESSER Funding**: The cessation of ESSER funding may affect the IAQ business, but backlog remains strong [46][48] Tariff Management - **Tariff Strategy**: Different approaches for climate solutions and performance technology segments, with a focus on passing through costs to customers [69][71] Future Outlook - **Diversification Opportunities**: Excitement about entering new markets such as healthcare and life sciences, leveraging expertise in thermal management [89][90] - **Long-term Growth Potential**: Focus on generating cash from current operations to reinvest in more attractive markets [92]

Core Viewpoint - Modine will host a conference call and webcast to discuss its fourth quarter and fiscal year 2025 financial results on May 21, 2025, following the release of results on May 20, 2025 [1][2]. Group 1 - The conference call will be led by Modine's President and CEO, Neil D. Brinker, and Executive Vice President and CFO, Michael B. (Mick) Lucareli, who will review the financial results [2]. - The live webcast can be accessed through Modine's investor section on their website, with a replay available after the event [3]. - An audio-only replay will be available until midnight on May 28, 2025, with a specific Conference ID for access [3]. Group 2 - Modine has over 100 years of experience in thermal management technology, focusing on engineering solutions for cleaner and healthier environments [4]. - The company employs more than 11,000 people globally and operates in North America, South America, Europe, and Asia [4]. - Modine's segments aim to improve air quality, reduce energy and water consumption, lower harmful emissions, and utilize environmentally friendly refrigerants [4].

Core Insights - Investors in the Automotive - Original Equipment sector may consider Phinia (PHIN) and Modine (MOD) as potential investment opportunities [1] Valuation Metrics - Phinia has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while Modine has a Zacks Rank of 4 (Sell) [3] - The forward P/E ratio for PHIN is 9.75, significantly lower than MOD's forward P/E of 17.77, suggesting that PHIN may be undervalued [5] - PHIN's PEG ratio is 0.44, compared to MOD's PEG ratio of 0.52, indicating better expected earnings growth relative to its valuation [5] - PHIN has a P/B ratio of 1.06, while MOD's P/B ratio is 4.98, further supporting the notion that PHIN is undervalued [6] - Overall, PHIN has a Value grade of A, while MOD has a Value grade of C, highlighting PHIN as the superior value option [6]

After years of focusing on industrial markets, Modine Manufacturing Co. (NYSE: MOD ) has made a strategic transformation and provides itself today as a pivotal player in the AI revolution. My thesis revolves around the strategic transformation of Modine's company towards theI am a dedicated investor and financial analyst with a deep passion for uncovering undervalued opportunities in the stock market. With years of experience in equity research and fundamental analysis, I specialize in identifying companies ...

Company Performance - Modine's stock closed at $80.57, reflecting a -0.69% change from the previous day, underperforming the S&P 500's gain of 0.06% [1] - Over the past month, Modine's shares have increased by 2.37%, while the Auto-Tires-Trucks sector and the S&P 500 have decreased by 3.23% and 4.29%, respectively [1] Upcoming Earnings - Modine's projected earnings per share (EPS) for the upcoming quarter is $0.96, indicating a 24.68% increase year-over-year [2] - The consensus estimate for quarterly revenue is $629.47 million, which represents a 4.3% increase from the same period last year [2] Analyst Projections - Recent shifts in analyst projections for Modine should be monitored, as positive estimate revisions are seen as favorable for the company's business outlook [3] Valuation Metrics - Modine's Forward P/E ratio is currently 17.63, which is higher than the industry average of 10.43 [6] - The company has a PEG ratio of 0.52, compared to the Automotive - Original Equipment industry's average PEG ratio of 0.81 [6] Industry Context - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, holds a Zacks Industry Rank of 181, placing it in the bottom 28% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Performance - Modine's stock closed at $77.41, reflecting a gain of +0.99% from the previous trading session, outperforming the S&P 500's gain of 0.79% [1] - Over the last month, Modine's shares have decreased by 10.27%, underperforming the Auto-Tires-Trucks sector's loss of 1.73% and the S&P 500's loss of 3.56% [1] Upcoming Earnings - Analysts expect Modine to report earnings of $0.96 per share, indicating a year-over-year growth of 24.68% [2] - The consensus estimate for revenue is $629.47 million, representing a 4.3% increase compared to the same quarter of the previous year [2] Analyst Estimates - Recent modifications to analyst estimates for Modine reflect evolving short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Consensus EPS estimate has seen a 2.71% decrease over the last 30 days, and Modine currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Modine has a Forward P/E ratio of 16.66, which is a premium compared to the industry average Forward P/E of 9.39 [6] - The PEG ratio for Modine is 0.49, while the industry average PEG ratio is 0.68 [6] Industry Context - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 181, placing it in the bottom 28% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]