Preformed Line Products Company
234.95+6.16 (+2.69%)
Oct 29, 4:00:00 PM EDT · NasdaqGS · PLPC · USD
Key Stats
Market Cap
1.16BP/E (TTM)
27.48Basic EPS (TTM)
8.55Dividend Yield
0%Recent Filings
8-K
8-K
Director Gibbons passes away
Preformed Line Products Company announced the unexpected passing of long-tenured director Michael E. Gibbons on September 14, 2025, who had served since 2008 as Chairman of the Audit Committee and a Compensation Committee member. The Board reduced its size to eight directors and appointed Matthew D. Frymier as new Audit Committee Chairman while shifting R. Steven Kestner to lead the Compensation Committee. Gibbons' 17 years of business acumen and leadership leave a void in governance oversight.
10-Q
Q2 FY2025 results
Preformed Line Products boosted net sales 22% year-over-year to $169.6M in Q2 FY2025 ended June 30, 2025, with gross margins expanding to 32.7% from 31.9% on stronger energy and communications volumes across PLP-USA and The Americas segments; operating income climbed 52% to $17.1M, while diluted EPS rose to $2.56 from $1.89, reconciling cleanly to 4.955M weighted shares. Year-to-date, sales grew 14% to $318.1M, operating income up 32% to $30.3M, and EPS to $4.89 from $3.83, fueled by higher volumes but tempered by currency headwinds. Cash swelled to $66.9M with $32.6M operating cash flow, less $19.4M capex yielding $13.2M free cash flow (derived), and total debt at $36.2M against $79.6M revolver availability; the May 2025 JAP Telecom buy for $5.3M cash added $1.0M in quarterly sales. Yet escalating U.S. tariffs risk squeezing margins further.
8-K
Q2 sales surge 22%
Preformed Line Products Company reported Q2 2025 net sales of $169.6 million, up 22% from $138.7 million last year, driven by strong U.S. energy and communications demand plus international gains from the JAP Telecom acquisition. Gross margin rose 80 basis points to 32.7%, lifting net income to $12.7 million and diluted EPS to $2.56, a 35% jump, despite tariff pressures on imports. Tariffs cloud demand outlook. Strong execution tempers costs.
8-K
Secures PLN100M plant loan
Preformed Line Products' Polish subsidiary secured a PLN100.3 million ($27.4 million) non-revolving loan from Bank Pekao S.A. on July 16, 2025, to fund a new manufacturing plant's construction and equipping in Wieprz, Poland. The facility, maturing January 31, 2035, carries a variable rate of WIBOR 1M plus 1.0%—rising to 1.5% if debt ratios exceed 3.0x—and requires annual repayments starting 2026. This bolsters production capacity, yet covenants demand strict net worth and profitability maintenance. New plant, new leverage.
IPO
Website
Employees
Sector
Industry
ABBNY
ABB Ltd.
74.48-0.53
APWC
Asia Pacific Wire & Cable Corpo
1.84-0.00
ATKR
Atkore Inc.
69.47+0.69
DPLMF
DIPLOMA PLC
72.49+0.00
ELPW
Elong Power Holding Limited
0.33-0.00
ETN
Eaton Corporation, PLC
387.75+11.74
LNKS
Linkers Industries Limited
0.49-0.01
PLUG
Plug Power, Inc.
2.76-0.03
POWL
Powell Industries, Inc.
408.37+24.11
PPSI
Pioneer Power Solutions, Inc.
4.41-0.10