Modine Reports First Quarter Fiscal 2025 Results

RACINE, Wisc., July 30, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2024. Revised Fiscal 2025 Outlook: First Quarter Financial Results Selling, general and administrative ("SG&A") expenses increased $21.4 million to $82.8 million. The increase was primarily due to higher compensation-related expenses, including higher incentive compensation driven by improved financial res ...