O-I to Present at BofA Securities 2026 Global Agriculture and Materials Conference

Core Viewpoint - O-I Glass, Inc. is focused on enhancing shareholder value through improved competitiveness, disciplined cost transformation, and profitable growth, while addressing current market conditions and near-term earnings dynamics [2][3][4] Financial Guidance - The company is maintaining its full-year 2026 guidance but anticipates additional pressure on adjusted earnings per share in Q1 2026, expecting results to be below the previously estimated contribution of 12-16% of full-year adjusted earnings per share [3] - Segment operating profit in Europe will be affected by soft demand, competitive pressures, and higher short-term supply chain costs due to the closure of excess capacity by mid-2026 [3] Strategic Initiatives - O-I is making progress under its Fit to Win program, which has surpassed initial savings targets, leading to margin expansion, stronger cash flow, and increased economic profit [2] - The company is also working on optimizing its global manufacturing footprint and portfolio mix, reaffirming commitments made for the 2027 Investor Day [2] Company Overview - O-I Glass is a leading producer of glass bottles and jars, achieving net sales of $6.4 billion in 2025, and operates approximately 64 plants in 18 countries with a workforce of around 19,000 [6]

O-I Glass-O-I to Present at BofA Securities 2026 Global Agriculture and Materials Conference - Reportify