Company: PLPC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000080035-25-000022
Chunk: 34

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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,919 31.6 134,182 31.5 22,737 Costs and expenses113,533 22.9 100,938 23.7 12,595 OPERATING INCOME43,386 8.7 33,244 7.8 10,142 Other (expense) income, net(10,053)(2.0)205 — (10,258)INCOME BEFORE INCOME TAXES33,333 6.7 33,449 7.8 (116)Income tax (benefit) expense6,461 1.3 6,783 1.6 (322)NET INCOME26,872 5.4 26,666 6.3 206 Net income attributable to noncontrolling interests(24)(0.0)(24)(0.0)— NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$26,848 5.4 %$26,642 6.2 %$206 

26

Net sales. In 2025, net sales were $496.2 million, an increase of $69.6 million, or 16%, compared to 2024. Excluding the effect of currency translation, net sales increased 17% as summarized in the following table:

Nine Months Ended September 30,(Thousands of dollars)20252024ChangeChange Due to Currency TranslationChange Excluding Currency Translation% ChangeNet salesPLP-USA$234,113 $196,191 $37,922 $— $37,922 19 %The Americas80,118 60,026 20,092 (5,103)25,195 42 %EMEA99,977 93,630 6,347 3,121 3,226 3 %Asia-Pacific82,021 76,750 5,271 (1,034)6,305 8 %Consolidated$496,229 $426,597 $69,632 $(3,016)$72,648 17 %

The increase in PLP-USA net sales of $37.9 million, or 19%, was primarily due to higher volumes in energy and communications product sales. International net sales for the nine months ended September 30, 2025 were unfavorably affected by $3.0 million when