Modine Manufacturing Co's Suppliers recorded an increase in sales by 32.22 % year on year in Q1 2026, sequentially sales grew by 24.91 %, Modine Manufacturing Co recorded an increase in cost of sales by 33.87 % year on year, relative to one quarter ago cost of sales fell by -6.6 % in Q1.
Modine Manufacturing Co's Suppliers recorded an increase in sales by 32.22 % year on year in Q1 2026, sequentially sales grew by 24.91 %, Modine Manufacturing Co recorded increase in cost of sales by 33.87 % year on year, compare to one quarter ago cost of sales fell by -6.6 % in Q1.
We purchase aluminum, nickel and steel from several domestic and foreign suppliers.
In general, we do not rely on any one supplier for these materials, which are,
for the most part, available from numerous sources in quantities required by us.
The supply of copper and brass material is highly concentrated between two global
suppliers. We normally do not experience material shortages and believe that our
suppliers’ production of these metals will be adequate throughout the next
fiscal year. We typically adjust metals pricing with our raw material and major
fabricated component suppliers on a quarterly basis. When possible, we have made
material pass-through arrangements with key customers, which allow us to pass
material cost increases and decreases to our customers. When utilized, however,
these pass-through arrangements are typically limited to the underlying cost of
the material based upon the London Metal Exchange, and do not include related
premiums or fabrication costs. In addition, there can often be a three-month to
one-year lag between the time of the material price increase or decrease and the
time that we adjust the price with our customer.
Modine Manufacturing Co's Comment on Supply Chain
We purchase aluminum, nickel and steel from several domestic and foreign suppliers.
In general, we do not rely on any one supplier for these materials, which are,
for the most part, available from numerous sources in quantities required by us.
The supply of copper and brass material is highly concentrated between two global
suppliers. We normally do not experience material shortages and believe that our
suppliers’ production of these metals will be adequate throughout the next
fiscal year. We typically adjust metals pricing with our raw material and major
fabricated component suppliers on a quarterly basis. When possible, we have made
material pass-through arrangements with key customers, which allow us to pass
material cost increases and decreases to our customers. When utilized, however,
these pass-through arrangements are typically limited to the underlying cost of
the material based upon the London Metal Exchange, and do not include related
premiums or fabrication costs. In addition, there can often be a three-month to
one-year lag between the time of the material price increase or decrease and the
time that we adjust the price with our customer.
MOD's Suppliers Net Income grew by
MOD's Suppliers Net margin grew in Q1 to
204.62 %
13.25 %
MOD's Suppliers Net Income grew by 204.62 %
MOD's Suppliers Net margin grew in Q1 to 13.25 %
Modine Manufacturing Co's Suppliers Sales Growth
in Q1 2026 by Industry
Sources:
Modine Manufacturing Co's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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