Preformed Line Products Company reported net sales of $169.6 million for the second quarter of 2025, a 22% increase compared to $138.7 million in the second quarter of 2024. Net income for the quarter rose 35% to $12.7 million, or $2.56 per diluted share, up from $9.4 million, or $1.89 per diluted share, in the comparable prior-year period. Gross profit as a percentage of net sales increased by 80 basis points to 32.7%.
The sales growth was global, with both PLP-USA's energy product and communications end market sales contributing to the increase. International segments also bolstered sales with higher energy product volumes and incremental communication sales from the recently acquired JAP Telecom. Foreign currency translation had a negative impact of $0.5 million on net sales.
For the first six months of 2025, net sales increased 14% to $318.1 million compared to $279.6 million in the first six months of 2024. Net income for the six-month period was $24.2 million, or $4.89 per diluted share, up from $19.0 million, or $3.83 per diluted share, in the prior-year period. Executive Chairman Rob Ruhlman noted strong execution in managing the impact of recently enacted tariffs through targeted price increases and cost containment strategies.
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