PLPC FY 2025 backlog rises 22% to USD 232.8 million

Reuters03-05 05:15
PLPC FY 2025 backlog rises 22% to USD 232.8 million

PLP reported Q4 2025 net sales of USD 173.1 million (+4%) and net income attributable to shareholders of USD 8.4 million, with diluted EPS of USD 1.72. For FY 2025, PLP posted net sales of USD 669.3 million (+13%) and net income attributable to shareholders of USD 35.3 million, with diluted EPS of USD 7.14; adjusted diluted EPS was USD 8.70 (+16%). Backlog rose to USD 232.8 million (+22%), and PLP increased its quarterly dividend to USD 0.21 per share (+5%). Management cited continued demand in energy and communications, benefits from selling price increases and higher net interest income, and noted profitability impacts from ongoing tariffs and tariff-related LIFO inventory valuation costs; the company also referenced a state-of-the-art Poland facility expected to come online later in 2026 and contributions from a new facility in Spain.

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