Company: PLPC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000080035-25-000022
Chunk: 36

Company: PREFORMED LINE PRODUCTS CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 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 for the nine months ended September 30, 2025 were favorably impacted by $0.4 million when local currencies were translated to U.S. dollars and unfavorably impacted by intercompany transactions with PLP-USA. The following discussion of costs and expenses excludes the effect of currency translation and intercompany transactions. The Americas costs and expenses of $19.7 million increased $3.1 million primarily due to an increase in personnel costs and the impact of foreign currency remeasurement. EMEA costs and expenses of $23.6 million increased by $2.8 million primarily due to higher personnel cost and a recovery of bad debt in the second quarter of 2024 that did not recur. Asia-Pacific costs and expenses of $19.4 million increased $1.6