Company: PLPC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000080035-25-000013
Chunk: 45

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 2
Chunk 45
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981 23.8 5,294 OPERATING INCOME17,124 10.1 11,292 8.1 5,832 Other income (expense), net182 0.1 (131)(0.1)313 INCOME BEFORE INCOME TAXES17,306 10.2 11,161 8.0 6,145 Income taxes4,606 2.7 1,794 1.3 2,812 NET INCOME12,700 7.5 9,367 6.8 3,333 Net loss (income) attributable to noncontrolling interests5 0.0 (1)0.0 6 NET INCOME ATTRIBUTABLE TO PREFORMED LINE PRODUCTS COMPANY SHAREHOLDERS$12,705 7.5 %$9,366 6.8 %$3,339 

Net sales. In 2025, net sales were $169.6 million, an increase of $30.9 million, or 22%, compared to 2024. Excluding the effect of currency translation, net sales increased 23% as summarized in the following table:

Three Months Ended June 30,(Thousands of dollars)20252024ChangeChange Due to Currency Translation Change Excluding Currency Translation % Change Net salesPLP-USA$79,290 $59,900 $19,390 $— $19,390 32 %The Americas28,508 21,815 6,693 (2,065)8,758 40 %EMEA31,910 32,039 (129)1,521 (1,650)(5)%Asia-Pacific29,893 24,966 4,927 11 4,916 20 %Consolidated$169,601 $138,720 $30,881 $(533)$31,414 23 %

23

The increase in PLP-USA net sales of $19.4 million, or 32%, was primarily due to higher volumes in energy and communications sales. International net sales for the three months ended June 30, 2025 were unfavorably affected by $0.5 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 $28.5 million increased $8.