PREFORMED LINE PRODUCTS CO reported second-quarter 2026 results with revenue of $212.7M and diluted EPS of $4.49, driven by stronger energy and communications volumes and higher margins versus the year-ago quarter.
Financial Highlights
- Revenue was $212.7M for Q2 2026, compared with $169.6M in the year-ago quarter; YoY change 25% (22% excluding currency translation).
- Net income attributable to company shareholders was $21.51M for Q2 2026, versus $12.71M in the year-ago quarter; YoY change 69% (65% ex-currency).
- Diluted earnings per share was $4.49 for Q2 2026, up from $2.56 in the year-ago quarter (approximately 75% YoY).
Business Highlights
- Net sales rose 22–25% year over year, led by strong energy and communications volumes with PLP‑USA driving much of the growth.
- Geographic and channel mix shifted toward U.S. manufacturing and energy markets; recent acquisitions (Delta Star, JAP Telecom) contributed to regional sales gains.
- Record quarterly sales and improved gross margins reflected successful pricing, favorable product mix and sustained market demand.
- Continued capital investment to expand capacity, including new EMEA facilities and a PLP Poland plant under construction.
- Management is actively handling tariffs, commodity cost pressures and currency impacts while leveraging global manufacturing to mitigate supply-chain disruptions.
Original SEC Filing:
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