Welcome to our dedicated page for Preformed Line news (Ticker: PLPC), a resource for investors and traders seeking the latest updates and insights on Preformed Line stock.
Preformed Line Products Company (NASDAQ: PLPC) generates news that spans financial performance, capital allocation, global expansion, and developments in energy and communications infrastructure. The company designs and manufactures products and systems for overhead and underground networks serving energy, telecommunication, cable, data communication, and other industries, and it regularly reports on trends in these end markets.
Investors following PLPC news will see quarterly earnings releases that discuss net sales growth, gross profit, net income, and the relative contributions of energy and communications end‑market sales across PLP‑USA and international segments. These updates often address factors such as tariffs on goods sourced internationally, cost management, and steps taken to strengthen and de‑risk the balance sheet, including pension plan actions disclosed in the company’s 2025 results.
PLP’s news flow also includes announcements about dividends and capital returns. Several 2025 releases describe regular quarterly cash dividends, and a December 2025 announcement, supported by a Form 8‑K, details a 5% increase in the quarterly dividend from $0.20 to $0.21 per share, the first increase since PLP listed on NASDAQ in 2001. These items provide insight into the company’s approach to liquidity and shareholder returns.
Operational and strategic updates are another key component of PLPC news. The company has reported a major expansion of its European operations, including a new facility in Poland and a larger site in Spain, as well as the acquisition of JAP Telecom in Brazil to broaden its communications product offering in South America. News releases also cover collaborations such as PLP’s compatibility program with Lightera, which pairs PLP’s closures with rollable ribbon fiber optic cable for FTTx networks.
For readers interested in the intersection of manufacturing, energy infrastructure, and broadband connectivity, the PLPC news page offers a consolidated view of earnings announcements, dividend declarations, acquisitions, facility investments, and product‑related partnerships. Regularly checking this feed can help track how PLP’s global operations and end markets are evolving over time.
Preformed Line Products (NASDAQ: PLPC) announced a 5% increase in its quarterly cash dividend, raising the payout from $0.20 to $0.21 per share.
The dividend is payable on January 20, 2026 to shareholders of record as of January 5, 2026. This is the company's first dividend increase since 2001 and the board cited a strong liquidity position and confidence in consistent cash flows as reasons for the boost. Management said it will continue to balance reinvestment in operations with returning capital and will evaluate future increases based on operating results and business outlook.
Preformed Line Products (NASDAQ: PLPC) reported Q3 2025 results: net sales $178.1M (+21% YoY) and Q3 net income of $2.6M ($0.53 diluted EPS). A non-cash pre-tax pension termination charge of $11.7M reduced GAAP EPS; adjusted diluted EPS excluding that charge was $2.09 (+36%). Tariff-related costs and LIFO inventory valuation acceleration totaled $3.8M pre-tax in the quarter. Nine-month net sales were $496.2M (+16% YoY) and nine-month adjusted net income excluding the pension charge was $34.6M ($6.98 diluted EPS, +30%). Management cited global sales strength, tariff headwinds, and completed U.S. pension plan termination.
Preformed Line Products (Nasdaq: PLPC) announced that its Board of Directors has declared a regular quarterly dividend of $0.20 per share on the company's common shares. The dividend will be paid on October 20, 2025, to shareholders of record as of October 1, 2025.
Preformed Line Products (NASDAQ: PLPC) reported strong Q2 2025 financial results, with net sales increasing 22% to $169.6 million compared to Q2 2024. The company achieved a net income of $12.7 million, or $2.56 per diluted share, representing a 35% increase year-over-year.
The growth was driven by strong performance in PLP-USA's energy and communications segments, along with international growth boosted by the JAP Telecom acquisition. Gross margin improved by 80 basis points to 32.7%. For the first six months of 2025, net sales grew 14% to $318.1 million, with net income reaching $24.2 million ($4.89 per diluted share).
While maintaining optimism about market growth, the company acknowledges challenges from recently enacted tariffs, particularly affecting USA-sourced goods. Management plans to mitigate tariff impacts through targeted price increases and cost containment strategies.
Preformed Line Products (NASDAQ: PLPC) announced a significant expansion of its European operations with two major facility developments. The company is constructing a new facility in Wieprz, Poland, set to open in 2026, which will replace its current Bielsko-Biała operations. The Polish facility will feature a 30% increase in production space and a 50% increase in warehouse space.
Simultaneously, PLP is relocating its Spanish operations to a larger facility in Seville, offering a 250% increase in operational space and 240% more office space. Both expansions aim to meet increasing market demand and support the company's growth in grid modernization, renewable energy, and high-speed broadband infrastructure projects across Europe.
Preformed Line Products Company (NASDAQ: PLPC) has acquired JAP Telecom, a Brazilian telecommunications infrastructure solutions provider. Founded in 2002 and based in Pedreira, Brazil, JAP Telecom specializes in fiber optic closures, connectivity devices, and infrastructure accessories for South American telecom operators and ISPs.
The acquisition strengthens PLP's communications product portfolio and enhances its service capabilities across South America. JAP Telecom's facility, located 70 miles from PLP's existing Brazilian manufacturing plant, offers opportunities for operational synergies, supply chain optimization, and increased production capacity. The strategic move aims to expand PLP's regional footprint, boost exports, and accelerate product development initiatives in South America.
Preformed Line Products (NASDAQ: PLPC) reported strong Q1 2025 financial results with notable growth across key metrics. Net sales increased 5% to $148.5 million compared to $140.9 million in Q1 2024, driven by growth in both USA communications business and international energy sales. The company achieved a net income of $11.5 million, or $2.33 per diluted share, up 20% from $9.6 million ($1.94 per share) in Q1 2024.
Gross margin improved by 150 basis points to 32.8%. However, foreign currency translation negatively impacted net sales by $4.4 million. While optimistic about growth prospects, management expressed caution regarding newly enacted tariffs affecting commodity costs, particularly steel and aluminum raw materials. The company plans to address these challenges through targeted price increases and cost containment strategies.
Preformed Line Products (Nasdaq: PLPC) has announced its regular quarterly dividend declaration. The company's Board of Directors declared a dividend of $0.20 per share on March 10, 2025. The dividend will be paid on April 21, 2025, to shareholders who are on record as of the close of business on April 1, 2025.
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