Company: PLPC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000080035-25-000013
Chunk: 29

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 increased $11.1 million, or 25%, compared to 2024. Excluding the effect of currency translation, gross profit increased $11.3 million, or 26%, as summarized in the following table:

Three Months Ended June 30,(Thousands of dollars)20252024ChangeChange Due to Currency Translation Change Excluding Currency Translation % Change Gross profitPLP-USA$28,062 $20,743 $7,319 $— $7,319 35 %The Americas8,424 6,712 1,712 (614)2,326 35 %EMEA9,511 9,364 147 438 (291)(3)%Asia-Pacific9,402 7,454 1,948 (23)1,971 26 %Consolidated$55,399 $44,273 $11,126 $(199)$11,325 26 %

PLP-USA gross profit of $28.1 million increased by $7.3 million, or 35%, 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. International gross profit for the period ended June 30, 2025 was unfavorably impacted by $0.2 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 $2.3 million, or 35%, which was primarily the result of higher sales volumes. EMEA gross profit decreased $0.3 million, or 3%, primarily due to lower sales volumes. Asia-Pacific gross profit increased $2.0 million, or 26%, which was primarily driven by higher sales volumes.

Costs and expenses. Costs and expenses of $38.3 million for the three months ended June 30, 2025 increased $5.3 million, or 16%, when compared to 2024, which are similar results when the effect of currency translation and intercompany transactions is excluded, as summarized in the following table:

Three Months Ended June 30,(Thousands of dollars)20252024ChangeChange Due to Currency Translation Change Due to Intercompany TransactionsChange Excluding Currency and Intercompany Transactions% Change Costs and expensesPLP-USA$17,413 $16,939 $474 $— $(1,756)$2,230 13 %