Cooling Post Logo

World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Home | World News | Modine Q3 sales up 21%

Modine Q3 sales up 21%

2nd November 2022

USA: US manufacturer Modine has reported a Q3 sales increase of 21% to $578.8m compared to the same period in 2021.

Operating income was up 250% at $36.8m, while adjusted EBITDA rose 73% to $51.1m.

The sales increase was reportedly driven by market-related volume improvements and favourable pricing adjustments in both Modine’s Climate Solutions and Performance Technologies segments. 

“Our results this quarter clearly demonstrate that our strategic initiatives are beginning to unlock the value in Modine,” commented president and CEO Neil D Brinker. 

Share this post:   Facebook Whatsapp Telegram Twitter Email

Latest News

7th September 2026

HPA UK partners with Heat Network Scotland

UK: Heat Pump Association UK has announced a new reciprocal membership partnership with Heat Network Scotland.
7th September 2026

Compact two-stage CO2 compressor

ITALY: Frascold’s new range of two-stage CO2 piston compressors are said to aimed at the evolution of commercial refrigeration towards increasingly compact solutions.
6th September 2026

Frascold adds semi-hermetic ammonia compressor

ITALY: Compressor manufacturer Frascold has announced the launch of a new semi-hermetic ammonia compressor.
6th September 2026

Daikin issues second Amana recall

USA/CANADA: Daikin Comfort Technologies has issued a further recall of certain models in its Amana range of window and through-the-wall air conditioners due to risk of serious injury from fire.
6th September 2026

Clivet’s latest VRF on R32

ITALY: Clivet’s new VRF CVT9 series of VRF heat pumps, using R32, are available in capacities from 25.2kW to 45kW.
5th September 2026

Lu-Ve half-year sales up 10.3%

ITALY: Heat exchanger product manufacturer Lu-Ve has reported a turnover of €325.1m in the first half of the year, an increase of 10.3% on the same period in 2025.