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Modine Manufacturing raises FY25 adj EPS view to $3.65-$3.95 from $3.55-$3.85

Consensus for FY25 EPS is $3.71. Raises FY25 net sales growth view to 6%-11% from 5%-10%. FY24 revenue was $2.41B, consensus for FY25 revenue is $2.58B. Raises guidance for FY25 adjusted EBITDA growth from 19%-26% to 16%-22%, resulting in an adjusted EBITDA range of $375M-$395M from $365M-$385M.

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