Modine Fiscal '27 Outlook Includes Commercial HVAC Growth

Modine provided its fiscal 2027 outlook, expecting Commercial HVAC sales to grow 5% to 10%, driven by accelerated growth in heating and IAQ businesses and continued mid-single-digit growth in coils. The company also expects overall adjusted EBITDA growth in excess of 40%.

“For Commercial HVAC, we expect sales to grow 5% to 10% this year. This is driven by accelerated growth in our heating and IAQ businesses. In addition, we expect that the recent growth trends in the coils business will continue with mid-single-digit growth in fiscal '27.”

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