Preformed Line Products Company (PLPC) SEC Filings & Earnings Calls

Tariff and geopolitical risk on input costs and demand

“tariffs, especially Section 232 tariffs, and geopolitical developments continue to present headwinds related to raw material imports and commodity prices, impacting essential inputs like steel, aluminum and plastic resins.” · word for word

Currency translation risk

“Our financial statements are subject to fluctuations in the exchange rates of foreign currencies in relation to the U.S. dollar.” · word for word

Tariff headwinds continue to impact net income.

“Tariff headwinds also continued to impact net income.” · word for word

Higher personnel and selling costs partially offset gains.

“Increase in selling costs and investments in personnel supporting strategic market growth.”

Integration risk from facility acquisition

“Asset acquisition with cash on hand; low integration risk”

Tariff and geopolitical risk

“Tariffs and geopolitical developments continue to present headwinds related to raw material imports and commodity prices, impacting essential inputs like steel, aluminum and plastic resins.” · word for word

Gross margin pressure from input costs

“Gross profit margin declined from 32.8% to 31.3% due to higher tariff and manufacturing costs.”

Tax rate volatility

“Higher effective tax rates for the three months ended March 31, 2026 compared to the three months ended March 31, 2025 was primarily due to a valuation allowance of approximately $1.3 million recorded on deferred tax assets related to the Company's French subsidiary.” · word for word

Tariff and geopolitical uncertainties may pressure margins and demand.

“ongoing tariff and geopolitical uncertainties present challenges” · word for word

Increased personnel costs supporting strategic growth impacted net income.

“period expenses were impacted by increased personnel costs supporting strategic market growth” · word for word

Income tax charge of $1.3 million related to French subsidiary reduced net income.

“Net income for the first quarter of 2026 was affected by an income tax charge of $1.3 million related to PLP's French subsidiary.” · word for word

Inventory destocking and tariff uncertainty

“the anticipated decline in demand due to continued inventory destocking and uncertainty in the global economy due to tariff and trade matters and other market headwinds” · word for word

Tariff cost escalation

“In 2025, the Company incurred tariff costs of approximately of $15.1 million.” · word for word

LIFO inventory valuation pressure

“PLP-USA's LIFO inventory valuation costs have accelerated due to tariffs, resulting in pre-tax charges of $9.0 million for the year ended December 31, 2025.” · word for word

Demand sensitivity to price increases

“Further tariff increases may give rise to inflationary pressures, which may require further price adjustments to maintain profit margin, and any price increases may have a negative effect on demand.” · word for word

Tariff policy uncertainty

“The tariffs outlook remains uncertain, particularly following the February 2026 U.S. Supreme Court ruling that set aside unlawfully imposed tariffs” · word for word

Tariff headwinds from Section 232 steel and aluminum tariffs impacting cost of goods sold and LIFO inventory valuation

“Net income impacted by continuing tariffs and tariff-related acceleration of LIFO inventory valuation costs”

Forward-looking statements caution about risks including inflation, rising interest rates, tariffs, labor disruptions, and global economic uncertainty.

“Factors that could cause actual results to differ materially include uncertainty in global business conditions due to inflation, rising interest rates, tariffs, labor disruptions, military conflict, political instability, exchange rates, natural disasters and health epidemics.” · word for word

Tariff cost pressure on margins

“raw materials imports, particularly steel and aluminum, continue to be most impacted. Additionally, PLP-USA LIFO inventory valuation costs have accelerated due to tariffs, resulting in charges of $3.8 million and $6.2 million for the three-month and nine-month periods ending September 30, 2025.” · word for word

Pension termination charge impact

“The unfavorable movement was mainly due to an $11.7 million pension termination charge recorded” · word for word

Foreign exchange volatility

“The fluctuations of foreign currencies during the three and nine months ended September 30, 2025 had a favorable impact on net sales of $1.9 million and an unfavorable impact of $3.0 million, respectively.” · word for word

Tariff impact: $3.8M pre-tax LIFO and tariff costs in Q3; selling price increases lag tariff costs.

“third quarter of 2025 net income was impacted by the continuing tariffs affecting goods sourced internationally by PLP-USA and tariff-related acceleration of Last-In First-Out (LIFO) inventory valuation costs totaling $3.8 million on a pre-tax basis.” · word for word

Pension termination charge: $11.7M non-cash pre-tax charge in Q3.

“non-cash pre-tax charge of $11.7 million” · word for word

Uncertainty from tariffs: customer demand impact and cost increases create uncertainty.

“the impact on customer demand caused by recently enacted tariffs creates uncertainty” · word for word