Company: PLPC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000080035-25-000022
Chunk: 48

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 48
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 %$146,973 100.0 %$31,114 Cost of products sold125,238 70.3 101,195 68.9 24,043 GROSS PROFIT52,849 29.7 45,778 31.1 7,071 Costs and expenses39,717 22.3 35,386 24.1 4,331 OPERATING INCOME13,132 7.4 10,392 7.1 2,740 Other (expense) income, net(10,776)(6.1)38 — (10,814)INCOME BEFORE INCOME TAXES2,356 1.3 10,430 7.1 (8,074)Income tax (benefit) expense(263)(0.1)2,734 1.9 (2,997)NET INCOME2,619 1.5 7,696 5.2 (5,077)Net expense (income) attributable to noncontrolling interests7 0.0 (16)0.0 23 NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$2,626 1.5 %$7,680 5.2 %$(5,054)

Net sales. In 2025, net sales were $178.1 million, an increase of $31.1 million, or 21%, compared to 2024. Excluding the effect of currency translation, net sales increased 20% as summarized in the following table:

Three Months Ended September 30,(Thousands of dollars)20252024ChangeChange Due to Currency Translation Change Excluding Currency Translation % Change Net salesPLP-USA$80,817 $65,554 $15,263 $— $15,263 23 %The Americas29,332 19,852 9,480 166 9,314 47 %EMEA38,073 32,937 5,136 2,040 3,096 9 %Asia-Pacific29,865 28,630 1,235 (294)1,529 5 %Consolidated$178,087 $146,973 $31,114 $1,912 $29,202 20 %

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The increase in PLP-