Company: PLPC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000080035-25-000022
Chunk: 35

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 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 $80.1 million increased $25.2 million, or 42%, primarily due to an increase in energy product sales and an increase in communications sales due to the acquisition of JAP Telecom in May 2025. EMEA net sales of $100.0 million increased $3.2 million, or 3% primarily due to higher volume in energy product and special industry sales. Asia-Pacific net sales of $82.0 million increased $6.3 million, or 8%, primarily due to volume increases in energy product and special industries sales. 

Gross profit. Gross profit of $156.9 million for 2025 increased $22.7 million, or 17%, compared to 2024. Excluding the effect of currency translation, gross profit increased $23.6 million, or 18%, as summarized in the following table:

Nine Months Ended September 30,(Thousands of dollars)20252024ChangeChange Due to Currency TranslationChange Excluding Currency Translation% ChangeGross profitPLP-USA$78,575 $66,821 $11,754 $— $11,754 18 %The Americas24,573 18,448 6,125 (1,580)7,705 42 %EMEA30,798 27,009 3,789 976 2,813 10 %Asia-Pacific22,973 21,904 1,069 (299)1,368 6 %Consolidated$156,919 $134,182 $22,737 $(903)$23,640 18 %

PLP-USA gross profit of $78.6 million increased by $11.8 million, or 18%, compared to the same period in 2024, primarily due to higher sales volumes and favorable product mix, partially offset by higher tariff and manufacturing costs, including LIFO valuation costs. International gross profit for the period ended September 30, 2025 was unfavorably impacted by $0.9 million when local currencies were translated to U.S. dollars. The following discussion of gross profit changes excludes the effects of currency translation. The Americas gross profit increased $7.7 million, or 42%, which was primarily the result of higher sales volumes. EMEA gross profit increased $2.8 million, or