Company: PLPC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000080035-25-000022
Chunk: 54

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 54
---
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 10%, primarily due to higher sales volume and favorable product mix. Asia-Pacific gross profit increased $1.4 million, or 6%, which was primarily driven by higher sales volume. 

27

Costs and expenses. Costs and expenses of $113.5 million for the nine months ended September 30, 2025 increased $12.6 million, or 12%, when compared to 2024. Excluding the effect of currency translation and intercompany transactions, costs and expenses increased $13.0 million, or 13%, as summarized in the following table:

Nine Months Ended September 30,(Thousands of dollars)20252024ChangeChange Due to Currency TranslationChange Due to Intercompany TransactionsChange Excluding Currency and Intercompany Transactions% ChangeCosts and expensesPLP-USA$50,832 $52,460 $(1,628)$— $(7,169)$5,541 11 %The Americas19,697 14,344 5,353 (957)3,232 3,078 21 %EMEA23,572 18,743 4,829 664 1,390 2,775 15 %Asia-Pacific19,432 15,391 4,041 (132)2,547 1,626 11 %Consolidated$113,533 $100,938 $12,595 $(425)$— $13,020 13 %

PLP-USA costs and expenses of $50.8 million increased $5.5 million, or 11% year-over-year. PLP-USA’s increase was primarily attributable to higher selling costs and personnel costs. International costs and expenses