secwatch / observer

PREFORMED LINE PRODUCTS CO — fact timeline

Source-grounded facts extracted from PREFORMED LINE PRODUCTS CO's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PLPC PREFORMED LINE PRODUCTS CO JSON
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Ratification of Appointment of Ernst & Young LLP at the 2026-05-04 meeting.

“Proposal No. 3: Ratification of Appointment of Ernst & Young LLP. The shareholders voted to approve the ratification of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, as described in the Proxy Statement. The table below indicates the votes for, votes against, abstentions and broker non-votes. Votes For Votes Against Abstentions Broker Non-Votes Ratification of Appointment of Ernst & Young LLP 4,231,761 2,035 1,469 0”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Advisory Vote on Executive Compensation at the 2026-05-04 meeting.

“Proposal No. 2: Advisory Vote on Executive Compensation. The shareholders voted to approve, on a non-binding advisory basis, the compensation of the Company's Named Executive Officers as disclosed in the Proxy Statement. Votes For Votes Against Abstentions Broker Non-Votes Advisory Vote on Executive Compensation 3,862,989 11,841 24,812 335,623”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Election of Directors at the 2026-05-04 meeting.

“Proposal No. 1: Election of Directors. The shareholders voted to re-elect certain persons to the Board of Directors for a term expiring at the 2028 annual meeting of the shareholders. The individuals listed below were elected to the Company’s Board of Directors, each to hold office until the designated annual meeting or until his or her successor is elected and qualified, or until his or her earlier resignation. The table below indicates the votes for, votes withheld, abstentions and broker non-votes for the election of the four director nominees. Term Expiring Votes For Votes Withheld/Abstentions Broker Non-Votes Glenn E. Corlett 2028 3,580,616 1,611 335,623 R. Steven Kestner 2028 3,742,065 1,596 335,623 J. Ryan Ruhlman 2028 3,725,755 1,699 335,623 David C. Sunkle 2028 2,806,213 2,267 335,623”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported first quarter of 2026 results: revenue $176.3 million, net income $10.5 million, EPS $2.14 per diluted share.

“– April 29, 2026 - Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2026. Q1 2026 highlights: • Quarterly net sales of $176.3 million, an increase of 19% from Q1 2025. • USA sales growth of 26% from Q1 2025, driven by robust demand in energy and communications markets. • Gross profit margin of 31.3%, up 150”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported the year ended December 31, 2025 results: revenue $669.3 million, net income $35.3 million, EPS $7.14 per diluted share.

“Net sales increased 13% to $669.3 million for the full year 2025 compared to $593.7 million in 2024.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported the quarter ended December 31, 2025 results: revenue $173.1 million, net income $8.4 million, EPS $1.72 per diluted share.

“Net sales in the fourth quarter of 2025 were $173.1 million compared to $167.1 million in the fourth quarter of 2024, a 4% increase.”
Debt Financings

PREFORMED LINE PRODUCTS CO incurred term loan of up to PLN100.3 million ($27.4 million) with Bank Polska Kasa Opieki Spółka Akcyjna (Bank Pekao S.A.) at one month Warsaw Interbank Offered Rate ("WIBOR") plus 1.0% per annum maturing January 31, 2035.

“On July 16, 2025, PLP Poland (Belos) S.A. ("PLP Poland"), a subsidiary of Preformed Line Products Company (the “Company”), entered into a non-revolving investment loan with Bank Polska Kasa Opieki Spółka Akcyjna ("Bank Pekao S.A.") to finance the construction of a new manufacturing plant. The loan is guaranteed by the Company and secured by the current manufacturing plant owned by PLP Poland, the plant under construction and all fixed assets within both plants. The loan allows for an amount up to PLN100.3 million ($27.4 million) and will bear interest at the one month Warsaw Interbank Offered Rate ("WIBOR") plus 1.0% per annum, unless the Company’s funded debt to Earnings before Interest, Taxes and Depreciation ratio exceeds 3.0 to 1, at which point the WIBOR spread becomes 1.5%. The loan agreement also contains, among other provisions, requirements for maintaining levels of net worth and profitability. The maturity date of the loan is January 31, 2035 and is payable in annual installm”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders rejected Report on Actions to Increase Board Diversity at the 2024-05-07 meeting.

“The shareholders voted against a shareholder request that the Board of Directors prepare a report by January 2025, at reasonable expense and omitting proprietary information, on steps the Company is taking to enhance board diversity.”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Ratification of Appointment of Ernst & Young LLP at the 2024-05-07 meeting.

“The shareholders voted to approve the ratification of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024, as described in the Proxy Statement.”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Election of Directors at the 2024-05-07 meeting.

“The shareholders voted to re-elect certain persons to the Board of Directors for a term expiring at the 2026 annual meeting of the shareholders.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported first quarter of 2024 results: revenue $140.9 million, net income $9.6 million, or $1.94 per diluted share.

“OHIO – MAY 1, 2024 - Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2024. Net sales in the first quarter of 2024 were $140.9 million compared to $181.8 million in the first quarter of 2023, a 22% decrease due primarily to a slowdown in spending within the communications end market. Foreign currency translation”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported financial results for the fourth quarter and full year ended December 31, 2023.

“On March 7, 2024, Preformed Line Products Company issued a press release announcing earnings for the fourth quarter and full year ended December 31, 2023.”

Dennis F. McKenna was appointed as Chief Executive Officer at PREFORMED LINE PRODUCTS CO.

“the Board of Directors of the Company appointed Dennis F. McKenna as Chief Executive Officer of the Company, effective as of January 1, 2024.”

Robert G. Ruhlman was appointed as Executive Chairman at PREFORMED LINE PRODUCTS CO.

“Robert G. Ruhlman, the Company’s current Chairman of the Board and Chief Executive Officer, has been appointed as Executive Chairman of the Company and will no longer serve in the capacity of Chief Executive Officer, effective January 1, 2024.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported second quarter of 2023 results: revenue $181.8 million, net income $20.5 million, EPS $4.08 per diluted share.

“achieved in Q1 2023 • Gross profit margin of 36.5%, consistent with Q1 2023 • Diluted EPS of $4.08, an increase of 47% from Q2 2022 Net sales in the second quarter of 2023 were $181.8 million compared to $163.5 million in the second quarter of 2022, an 11% increase. Foreign currency translation reduced second quarter 2023 net sales by $2.5 million. Net income for the”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Ratification of Appointment of Ernst & Young LLP at the 2023-05-09 meeting.

“Votes For Votes Against Abstentions Broker Non-Votes Ratification of Appointment of Ernst & Young LLP 4,526,866 14,024 898 0”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Advisory Vote on Frequency of Voting on Executive Compensation at the 2023-05-09 meeting.

“1 Year 2 Years 3 Years Abstentions Broker Non-Votes Advisory Vote on Frequency of Voting on Executive Compensation 1,253,902 23,113 2,867,318 27,766 369,689”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Advisory Vote on Executive Compensation at the 2023-05-09 meeting.

“Votes For Votes Against Abstentions Broker Non-Votes Advisory Vote on Executive Compensation 4,037,288 93,749 41,062 369,689”
Shareholder Votes

PREFORMED LINE PRODUCTS CO shareholders approved Election of Directors at the 2023-05-09 meeting.

“The table below indicates the votes for, votes withheld, abstentions and broker non-votes for the election of the four director nominees. Term Expiring Votes For Votes Withheld/ Abstentions Broker Non-Votes Maegan A. R. Cross 2025 3,100,084 1,072,015 369,689 Matthew D. Frymier 2025 3,922,506 249,593 369,689 Richard R. Gascoigne 2025 3,629,761 542,338 369,689 Robert G. Ruhlman 2025 3,110,363 1,061,736 369,689”

William Koh was appointed as Vice President, Asia Pacific Region at PREFORMED LINE PRODUCTS CO.

“Additionally, on May 1, 2023, the Board of Directors of the Company appointed William Koh, age 53, as the Company’s Vice President, Asia Pacific Region, to replace Mr. Haag. This appointment will take effect immediately.”

William H. Haag departed as Vice President, Asia Pacific Region at PREFORMED LINE PRODUCTS CO.

“On May 1, 2023, Mr. William H. Haag, Vice President, Asia Pacific Region, of Preformed Line Products Company (the “Company”), announced his plans to retire from such position with the Company in the near term following a transition period to facilitate a seamless transition with his successor.”

William Koh was appointed as Vice President, Asia Pacific Region at PREFORMED LINE PRODUCTS CO.

“Additionally, on May 1, 2023, the Board of Directors of the Company appointed William Koh, age 53, as the Company’s Vice President, Asia Pacific Region, to replace Mr. Haag.”

William H. Haag departed as Vice President, Asia Pacific Region at PREFORMED LINE PRODUCTS CO.

“On May 1, 2023, Mr. William H. Haag, Vice President, Asia Pacific Region, of Preformed Line Products Company (the “Company”), announced his plans to retire from such position with the Company on June 1, 2023.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported first quarter of 2023 results: revenue Net sales in the first quarter of 2023 were $181.8 million compared to $138.2 million in the first quarter of 2022, net income Net income for the quarter ended March 31, 2023 was $21.4 million, or $4.28 per diluted share, compared to $12.3 million, EPS Diluted EPS of $4.28, an increase of 72% from Q1 2022.

“Net sales in the first quarter of 2023 were $181.8 million compared to $138.2 million in the first quarter of 2022, a 32% increase and a new record for quarterly shipments.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported the full year ended December 31, 2022 results: revenue $637.0 million, net income $54.4 million, EPS $10.88 per diluted share.

“Net sales for the full year 2022 were $637.0 million, compared to $517.4 million in 2021. This is the fourth consecutive year of record net sales and represents a 23.1% increase versus prior year. Foreign currency translation reduced full year 2022 net sales by $24.2 million. Net income for the year ended December 31, 2022 was $54.4 million, or $10.88 per diluted share, compared to $35.7 million, or $7.19 per diluted share in 2021.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported the fourth quarter ended December 31, 2022 results: revenue $169.9 million, net income $16.5 million, EPS $3.28 per diluted share.

“Net sales in the fourth quarter of 2022 were $169.9 million compared to $131.4 million in the fourth quarter of 2021, a 29.3% increase and a new record for quarterly shipments. Foreign currency translation reduced fourth quarter 2022 net sales by $8.0 million. Net income for the quarter ended December 31, 2022 was $16.5 million, or $3.28 per diluted share, compared to $9.0 million, or $1.79 per diluted share, for the comparable period in 2021.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported the nine months ended September 30, 2022 results: revenue $467.1 million, net income $37.9 million, EPS $7.60 per diluted share.

“Net sales increased 21% to $467.1 million for the first nine months of 2022 compared to $386.0 million for the first nine months of 2021. Currency translation rates had an unfavorable impact on net sales of $16.2 million for the nine months ended September 30, 2022. Net income for the nine months ended September 30, 2022 was $37.9 million, or $7.60 per diluted share, compared to $26.8 million or $5.40 per diluted share, for the comparable period in 2021.”
Earnings Releases

PREFORMED LINE PRODUCTS CO reported third quarter ended September 30, 2022 results: revenue $165.4 million, net income $11.9 million, EPS $2.36 per diluted share.

“Net sales for the third quarter of 2022 were $165.4 million, an increase of 22%, compared to $135.4 million in the third quarter of 2021. Currency translation rates had an unfavorable impact on 2022 third quarter net sales of $8.2 million. The Company posted net income for the third quarter of 2022 of $11.9 million, or $2.36 per diluted share, compared to $10.7 million, or $2.15 per diluted share, in the third quarter of 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.