UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal quarter ended March 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 for the Transition Period From ________To _______ Commission file number 0-31164 Preformed Line Products Company (Exact name of registrant as specified in its charter) | Ohio | | 34-0676895 | ...

Financial Performance - Record net sales revenue of $637.0 million for the year ended December 31, 2022, an increase of $119.6 million or 23.1% compared to 2021 [114][120]. - Operating income increased to $69.4 million, representing a margin of 10.9%, up from 9.2% in 2021 [120]. - In 2022, net sales reached $637.0 million, an increase of $119.6 million, or 23%, compared to 2021, with a 28% increase excluding currency translation effects [121]. - Gross profit for 2022 was $215.2 million, up $48.9 million, or 29%, compared to 2021, with a 33% increase when excluding currency translation [122]. - Costs and expenses totaled $145.8 million for 2022, an increase of $27.1 million, or 23%, compared to 2021, with a 28% increase excluding currency translation [123]. - Net income for 2022 was $54.4 million, compared to $35.7 million in 2021, reflecting an increase of $18.7 million, or 52.3% [127]. - PLP-USA's net income increased by $20.3 million, or 83.1%, to $44.7 million in 2022, driven by higher operating income [127]. Sales and Market Performance - The Americas net sales increased by $16.8 million, or 24%, primarily due to contributions from the 2022 Maxxweld and Delta acquisitions [121]. - EMEA net sales rose by $41.9 million, or 44%, mainly due to volume increases in communication product sales [121]. - Asia-Pacific net sales increased by $2.4 million, or 3%, despite flat volume due to COVID-19 mitigation strategies [121]. Costs and Expenses - The impact of inflation on raw materials and transportation costs increased cost of sales by approximately $23.2 million for the year ended December 31, 2022 [114]. - Costs and expenses totaled $145.8 million for 2022, an increase of $27.1 million, or 23%, compared to 2021, with a 28% increase excluding currency translation [123]. Debt and Liquidity - A consolidated increase in debt of $30.0 million as of December 31, 2022, primarily for capital expenditures and business acquisitions [117]. - The company has a bank debt to equity percentage of 25.0%, indicating strong liquidity [114]. - As of December 31, 2022, the company's total debt was $89.5 million, with a bank debt to equity percentage of 25.0% [132]. - The current ratio improved from 2.6 to 1 in 2021 to 2.8 to 1 in 2022 [132]. Cash Flow - Net cash provided by operating activities decreased to $26.2 million in 2022 from $33.6 million in 2021, primarily due to increased working capital funding [137]. - Cash used in investing activities increased to $46.8 million in 2022, up by $28.5 million compared to 2021, driven by higher capital expenditures and business acquisitions [138]. - Net cash provided by financing activities was $22.5 million in 2022, a turnaround from a cash use of $23.2 million in 2021, mainly due to proceeds from long-term debt [139]. - The company expects future operating cash flows to cover debt repayments, capital expenditures, and dividends for the next 12 months and beyond [135]. Strategic Initiatives - The company plans to invest in operational capacity and warehouse space to enhance service for U.S. customers in 2023 [114]. - The company is focused on strategic mergers and acquisitions, new product development, and market expansion [114]. - The company expects growth in communications business from low deployment areas of fixed line and wireless telecommunications services [111]. Tax and Inventory - The effective tax rate for 2022 was 26.2%, slightly lower than 26.9% in 2021, influenced by varying tax rates in foreign jurisdictions [125]. - The allowance for credit losses represented approximately 3.8% of trade receivables at December 31, 2022, compared to 3.0% in 2021 [145]. - The reserve for excess and obsolete inventory was 6.3% of gross inventory for the year ended December 31, 2022, down from 6.6% in 2021 [146]. Interest Rates and Financial Obligations - A 100 basis point increase in interest rates would have resulted in an increase in interest expense of approximately $0.6 million for the year ended December 31, 2022 [158]. - The discount rate used to determine the future benefit obligation was 5.55% at December 31, 2022, compared to 2.92% at December 31, 2021 [160]. Impairments - The company recorded a goodwill impairment charge of $6.5 million in the Asia-Pacific segment due to COVID-19 related project postponements [118].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-31164 Preformed Line Products Company (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-31164 Preformed Line Products Company (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incor ...

For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 0-31164 Preformed Line Products Company (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Inco ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 or ☐ Transition Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 for the Transition Period From ________To _______ Commission file number 0-31164 Preformed Line Products Company (Exact name of registrant as specified in its charter) | Ohio | 34-0676895 | | -- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-31164 Preformed Line Products Company (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-31164 Preformed Line Products Company (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) 660 Beta Drive Mayfield Village, Ohio 44143 (Address of Principal Executive Office) (Zip Code) ☒ QUARTERLY REPOR ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2020 or ☐ Transition Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 for the Transition Period From ________To _______ Commission file number 0-31164 Preformed Line Products Company (Exact name of registrant as specified in its charter) | Ohio | 34-0676895 | | --- ...