PLPC

PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Monday, March 18, 2024

CLEVELAND, March 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 15, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 19, 2024, to shareholders of record at the close of business on April 2, 2024.

Key Points: 
  • CLEVELAND, March 18, 2024 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 15, 2024, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 19, 2024, to shareholders of record at the close of business on April 2, 2024.

PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Thursday, March 7, 2024

CLEVELAND, March 7, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • CLEVELAND, March 7, 2024 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023.
  • Foreign currency translation increased fourth quarter 2023 net sales by $2.9 million.
  • The fourth quarter of 2023 net income was impacted by decreased gross profit from lower net sales, partially offset by selling price increases and a lower effective tax rate for the period.
  • Gross profit as a percentage of net sales was 33.0% for the fourth quarter of 2023.

PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Thursday, December 21, 2023

CLEVELAND, Dec. 21, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 13, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 19, 2024, to shareholders of record at the close of business on January 5, 2024.

Key Points: 
  • CLEVELAND, Dec. 21, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on December 13, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable January 19, 2024, to shareholders of record at the close of business on January 5, 2024.

PLP APPOINTS DENNIS F. MCKENNA AS CHIEF EXECUTIVE OFFICER, ROBERT G. RUHLMAN AS EXECUTIVE CHAIRMAN

Retrieved on: 
Wednesday, November 22, 2023

Mr. McKenna assumes the role from Robert G. Ruhlman, who has served as CEO since 2000 and who will become Executive Chairman of the company.

Key Points: 
  • Mr. McKenna assumes the role from Robert G. Ruhlman, who has served as CEO since 2000 and who will become Executive Chairman of the company.
  • Dennis McKenna is a long-standing employee of PLP, joining the company's ranks in 1993 and steadily progressing through various leadership roles over his impressive thirty-year career.
  • Most recently, Dennis served as the company's Chief Operating Officer, where he oversaw PLP's global operations and business development teams.
  • "It's an honor and privilege to have the opportunity to serve as CEO of PLP," said McKenna.

PREFORMED LINE PRODUCTS ANNOUNCES THIRD QUARTER 2023 FINANCIAL RESULTS

Retrieved on: 
Wednesday, November 1, 2023

CLEVELAND, Nov. 1, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2023.

Key Points: 
  • CLEVELAND, Nov. 1, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2023.
  • Foreign currency translation increased third quarter 2023 net sales by $1.4 million.
  • The third quarter of 2023 net income was negatively impacted by lower gross profit due to a decrease in net sales.
  • Gross profit as a percentage of net sales was 33.7% for the third quarter of 2023, a decrease of 150 basis points versus the same quarter in 2022.

PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, September 20, 2023

CLEVELAND, Sept. 20, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on September 20, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 20, 2023, to shareholders of record at the close of business on October 2, 2023.

Key Points: 
  • CLEVELAND, Sept. 20, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on September 20, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable October 20, 2023, to shareholders of record at the close of business on October 2, 2023.

PREFORMED LINE PRODUCTS ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS

Retrieved on: 
Wednesday, August 2, 2023

CLEVELAND, Aug. 2, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter of 2023.

Key Points: 
  • CLEVELAND, Aug. 2, 2023 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its second quarter of 2023.
  • Net sales growth of 11% compared to Q2 2022, matching quarterly record net sales levels achieved in Q1 2023
    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.
  • Gross profit as a percentage of net sales was 36.5% for the second quarter of 2023, an increase of 420 basis points versus the same quarter in 2022.

PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Monday, June 19, 2023

CLEVELAND, June 19, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 13, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 20, 2023, to shareholders of record at the close of business on July 3, 2023.

Key Points: 
  • CLEVELAND, June 19, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on June 13, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable July 20, 2023, to shareholders of record at the close of business on July 3, 2023.

PLP NAMES J. RYAN RUHLMAN PRESIDENT OF THE COMPANY

Retrieved on: 
Thursday, May 18, 2023

CLEVELAND, May 18, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) is pleased to announce that it has appointed Mr. J. Ryan Ruhlman, age 40, as President of the Company.

Key Points: 
  • CLEVELAND, May 18, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products Company (NASDAQ: PLPC) is pleased to announce that it has appointed Mr. J. Ryan Ruhlman, age 40, as President of the Company.
  • He takes over this role from Robert G. Ruhlman who has served as President since 1995 and who remains Chairman and CEO.
  • Ryan Ruhlman has been employed by the Company since January 2002 and has worked in various roles in Research and Engineering, Manufacturing and International Operations.
  • As President, Ryan's responsibilities will initially expand to include PLP Mexico, PLP Canada, Corporate Human Resources and a consolidated Business Development Group.

PREFORMED LINE PRODUCTS ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, March 22, 2023

CLEVELAND, March 22, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 22, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 20, 2023, to shareholders of record at the close of business on April 3, 2023.

Key Points: 
  • CLEVELAND, March 22, 2023 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 22, 2023, declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 20, 2023, to shareholders of record at the close of business on April 3, 2023.