PLPC Stock Recent News

CLEVELAND , May 22, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC), a global leader in the design and manufacture of innovative solutions for the energy, communications, and other critical infrastructure industries, today announced a major expansion of its European operations to meet increasing market demand and reinforce its long-term commitment to the region. PLP has officially begun construction on a new multi-purpose facility in Wieprz, Żywiec County, Poland, which will replace the company's current operations in nearby Bielsko-Biała.

Reiterated 'Hold' rating on Preformed Line Products (PLPC) due to rising costs, overvalued revenues, and stagnating technicals, despite a 9% share price increase over six months. Fiscal 2025 Q1 earnings showed 5% net sales growth and 20% GAAP profit growth, but higher costs from tariffs and raw materials loom. PLPC's return on capital remains under pressure, with a trailing ROC of 6.86%, as rising costs and tariffs could dampen demand and profitability.

PLPC's first-quarter results were driven by strong U.S. communications sales and margin gains despite tariff concerns.

Preformed Line Products' fortunes rebounded in Q4-2024 and Q1-2025; I expect a 19.91% earnings increase and have a one-year target of $164.71. PLPC's competitive advantages include a strong workforce, unique solutions, vertical integration, emergency resources, and global presence, despite operating in highly competitive markets. PLPC's net margin of 6.25% is slightly above the sector median, but its return on equity lags; I believe it has a medium moat.

CLEVELAND , May 2, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today announced it has acquired J.A.P. Indústria de Materiais para Telefonia Ltda (JAP Telecom), a leading Brazilian designer, manufacturer, and supplier of connectivity solutions for the South American telecommunications infrastructure market.

CLEVELAND , May 1, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2025. Q1 2025 Highlights compared to Q1 2024: Net sales growth of 5% Gross margin increase of 150 bps Net income and fully diluted EPS increase of 20% Net sales in the first quarter of 2025 were $148.5 million compared to $140.9 million in the first quarter of 2024, a 5% increase.

CLEVELAND , March 19, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 10, 2025, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 21, 2025, to shareholders of record at the close of business on April 1, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.

Preformed Line Products posts 15% y/y Q4 sales growth, a 65% EPS jump and a $33.7-million debt reduction, signaling recovery from market de-stocking trends.

CLEVELAND , March 13, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter of 2024 and full year ended December 31, 2024. Q4/Full Year 2024 Highlights: Quarterly net sales of $167.1 million, an increase of 15% from Q4 2023 and 14% from Q3 2024 Diluted EPS of $2.13, an increase of 65% from Q4 2023 and 38% from Q3 2024 Debt reduction of $33.7 million in 2024 due to strong cash generation Net sales in the fourth quarter of 2024 were $167.1 million compared to $145.6 million in the fourth quarter of 2023, a 15% increase.

CLEVELAND , Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 3, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 21, 2025, to shareholders of record at the close of business on January 7, 2025. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks.