Preformed Line Products(PLPC) - 2023 Q4 - Annual Results

Exhibit 99.1 PREFORMED LINE PRODUCTS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS CLEVELAND, OHIO – MARCH 7, 2024 - Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter and full year ended December 31, 2023. Full Year 2023 Highlights: Net sales in the fourth quarter of 2023 were $145.6 million compared to$169.9 million in the fourth quarter of 2022, a 14% decrease due primarily to a reduction in communication product sales as the market rem ...