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

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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.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-USA net sales of $15.3 million, or 23%, was primarily due to higher volumes in energy and communications sales. International net sales for the three months ended September 30, 2025 were favorably affected by $1.9 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 $29.3 million increased $9.3 million, or 47%, 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 $38.1 million increased $3.1 million, or 9%, primarily due to higher volumes in energy product sales and