Modine Manufacturing pany(MOD) - 2024 Q3 - Earnings Call Presentation

Adjusted EBITDA & Q3 FY23 Q3 FY24 EBITDA Margin* $73.9 9.5% 13.2% ▪ Strong conversion of 530 bps gross margin improvement, driven by higher average selling prices and ongoing 80/20 initiatives * See appendix for the full GAAP income statement and Non-GAAP reconciliations Cash Flow and Metrics Capital Expenditures $44 million ▪ Leverage ratio improved from 0.8x to 0.7x during the quarter * See appendix for the full GAAP income statement and Non-GAAP reconciliations Raising Adjusted EBITDA Outlook ▪ Expect Da ...