Company: PLPC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000080035-25-000013
Chunk: 28

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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333 Net loss (income) attributable to noncontrolling interests5 0.0 (1)0.0 6 NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$12,705 7.5 %$9,366 6.8 %$3,339 

Net sales. In 2025, net sales were $169.6 million, an increase of $30.9 million, or 22%, compared to 2024. Excluding the effect of currency translation, net sales increased 23% as summarized in the following table:

Three Months Ended June 30,(Thousands of dollars)20252024ChangeChange Due to Currency Translation Change Excluding Currency Translation % Change Net salesPLP-USA$79,290 $59,900 $19,390 $— $19,390 32 %The Americas28,508 21,815 6,693 (2,065)8,758 40 %EMEA31,910 32,039 (129)1,521 (1,650)(5)%Asia-Pacific29,893 24,966 4,927 11 4,916 20 %Consolidated$169,601 $138,720 $30,881 $(533)$31,414 23 %

23

The increase in PLP-USA net sales of $19.4 million, or 32%, was primarily due to higher volumes in energy and communications sales. International net sales for the three months ended June 30, 2025 were unfavorably affected by $0.5 million when local currencies were converted to U.S. dollars. The following discussion of changes in net sales excludes the effect of currency translation. The Americas net sales of $28.5 million increased $8.8 million, or 40%, primarily due to higher volumes in energy product sales and an increase in communications sales due to the acquisition of JAP Telecom in May 2025. EMEA net sales of $31.9 million decreased $1.7 million, or 5%, primarily due to lower volume in communications product sales, partially offset by an increase in special industry sales. Asia-Pacific net sales of $29.9 million increased $4.9 million, or 20%, primarily due to higher volumes in energy product sales. 

Gross profit. Gross profit of $55.4 million for 2025