PLPC posts strong y/y sales growth in Q1, but higher costs and a tax charge lead to a decline in earnings.
Preformed Line Products remains a prime beneficiary of U.S. grid modernization and AI data center power demand. Q4 net sales grew 4% year-over-year, with the order backlog surging 22%, validating sustained demand for PLPC's transmission components. Gross margin compressed to 29.8% in Q4, in line with expectations, as tariff-driven costs are pushed through accounting methods before the recovery begins.
PLPC posts higher y/y sales but lower earnings in Q4 as tariffs and rising input costs pressure margins despite strong demand in energy and communications markets.
| Electrical Equipment Industry | Industrials Sector | Dennis F. McKenna CEO | XFRA Exchange | 740444104 CUSIP |
| US Country | 3,734 Employees | 1 Jul 2026 Last Dividend | 11 Jun 1998 Last Split | 28 Apr 1999 IPO Date |
Preformed Line Products Company, along with its subsidiaries, is a pioneer in the design and manufacturing of innovative solutions for the construction and maintenance of overhead, ground-mounted, and underground networks catering to the energy, telecommunication, cable, data communication, and multiple other industries. Established in 1947 and headquartering in Mayfield Village, Ohio, the company serves a global market that includes the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. It has a broad customer base that comprises public and private energy utilities, communication companies, cable operators, governmental agencies, contractors, subcontractors, distributors, and value-added resellers. Preformed Line Products leverages both a direct sales force and manufacturing representatives to market its vast array of products effectively.