Company: PLPC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000080035-25-000013
Chunk: 49

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 2
Chunk 49
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24Change Net sales$318,142 100.0 %$279,625 100.0 %$38,517 Cost of products sold214,072 67.3 191,220 68.4 22,852 GROSS PROFIT104,070 32.7 88,405 31.6 15,665 Costs and expenses73,816 23.2 65,554 23.4 8,262 OPERATING INCOME30,254 9.5 22,851 8.2 7,403 Other income, net723 0.2 168 0.1 555 INCOME BEFORE INCOME TAXES30,977 9.7 23,019 8.2 7,958 Income taxes6,724 2.1 4,049 1.4 2,675 NET INCOME24,253 7.6 18,970 6.8 5,283 Net income attributable to noncontrolling interests(31)(0.0)(8)(0.0)(23)NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$24,222 7.6 %$18,962 6.8 %$5,260 

25

Net sales. In 2025, net sales were $318.1 million, an increase of $38.5 million, or 14%, compared to 2024. Excluding the effect of currency translation, net sales increased 16% as summarized in the following table:

Six Months Ended June 30,(Thousands of dollars)20252024ChangeChange Due to Currency TranslationChange Excluding Currency Translation% ChangeNet salesPLP-USA$153,296 $130,637 $22,659 $— $22,659 17 %The Americas50,787 40,173 10,614 (5,270)15,884 40 %EMEA61,903 60,693 1,210 1,081 129 — %Asia-Pacific52,156 48,122 4,034 (740)4,774 10 %Consolidated$318,142 $279,625 $38,517 $(4,929)$43,446 16 %

The increase in PLP-USA net sales of