Core Insights - Croxsons has launched Rightweight, a new glass packaging solution aimed at reducing material use while maintaining functionality in bottles and jars [1][5] - The Rightweight approach can decrease glass packaging weight by up to 30%, resulting in lighter products without compromising structural integrity [1][4] - The initiative supports sustainability by making packaging easier to recycle, reducing landfill waste, and lowering extended producer responsibility (EPR) costs for producers [2] Product Details - A recent example of the Rightweight design is a 330ml 'Mountain' soft drinks bottle, which has achieved a 9.5% weight reduction per unit [2] - The 700ml 'Apollo' spirits bottle has been redesigned to weigh 400g, down from 575g, making it suitable for various spirits [4] Strategic Goals - Croxsons plans to expand the Rightweight technology to additional products in its range over the coming months [5] - The development of the Rightweight solution took over 16 years and aims to help clients meet environmental and sustainability targets alongside brand requirements [5] Design Philosophy - The Rightweight standard considers the entire lifecycle of the bottle or jar, including filling, handling, transportation, and performance on automated filling lines [6] - The design balances aesthetics, performance, and sustainability while ensuring efficient material use without sacrificing quality [4][6]

Company Overview - O-I Glass is a global leader in glass packaging, supplying a diverse range of containers to prominent food and beverage companies, supported by strategic supply agreements and an international footprint [5] - The company produces glass containers for the food, beverage, and pharmaceutical sectors, operating a business model focused on direct sales to manufacturers through annual or multi-year supply agreements [8] - As of the latest report, O-I Glass has a market capitalization of $2.1 billion and revenue of $6.4 billion for the trailing twelve months (TTM) [4] Financial Performance - In 2025, O-I Glass maintained net sales at $6.4 billion, while segment operating profit increased to $846 million from $748 million, with margins expanding by 170 basis points [9] - Adjusted earnings nearly doubled to $1.60 per share, and free cash flow improved to $168 million from a $128 million outflow a year earlier [9] - Management projects adjusted EBITDA for 2026 to be between $1.25 billion and $1.30 billion, despite facing a $150 million energy cost headwind [10] Recent Transactions - On February 17, 2026, Cooper Creek Partners Management sold 6,030,588 shares of O-I Glass, reducing its stake and resulting in a net position value decline of $71 million [2] - Following the sale, O-I Glass represented 2.69% of Cooper Creek Partners Management's $2.21 billion in reportable U.S. equity assets [7] - O-I Glass shares were priced at $13.47, reflecting a 17% increase over the past year, aligning with the S&P 500's performance [7] Strategic Insights - The company is in the midst of a multi-year margin rebuild, which is beginning to show positive effects on cash flow and operational metrics [9] - The trimming of O-I Glass shares by Cooper Creek Partners suggests a disciplined portfolio management approach rather than a negative outlook on the company's fundamentals [11] - Long-term investors are advised to monitor whether margin expansion and debt reduction continue to outpace modest volume growth [11]

CAPITAL MARKETS PRESENTATION 1Q 2026 SAFE HARBOR COMMENTS AND FORWARD-LOOKING STATEMENTS 2 This presentation contains "forward-looking" statements related to O-I Glass, Inc. ("O-I Glass" or the "Company") within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements reflect the Company's current expectations and projections about future events at the time, and thus involve uncer ...

Core Viewpoint - Verallia Group is evaluating changes to its European operations due to weakening demand for glass packaging, considering site closures and production adjustments in Germany, France, and the UK [1] Group 1: Germany Operations - In Germany, the company is contemplating the closure of its Essen site, which may lead to approximately 300 job losses [2] - Production from the Essen site would be redistributed to facilities in Bad Wurzach, Neuburg, and Wirges if the closure is executed [2] Group 2: France Operations - In France, declining cognac sales have prompted Verallia to propose shutting down an aging furnace at its Châteaubernard location, potentially affecting around 60 positions [2][3] - The company plans to manage job cuts through voluntary redundancies and pre-retirement plans [3] Group 3: UK Operations - In the UK, Verallia is reviewing its operations due to a downturn in the spirits sector, with plans to close a furnace at Knottingley while restarting a modernized furnace at Leeds [3] - Redeployment options may be available for employees affected by these changes [3] Group 4: Sustainability and Consultation - These proposals are part of Verallia's ongoing sustainability and investment strategy, with consultations taking place with employee representatives and unions [4] - The company aims to align production capacity with current market conditions through discussions with staff and unions [4] Group 5: Recent Developments - Verallia UK has initiated consultations regarding up to 40 redundancies across its Yorkshire sites, with the GMB Union linking this situation to the introduction of the Glass Packaging Tax [5]

Company Overview - Verallia has appointed Cristina Riesgo as its new Chief Financial Officer (CFO), effective March 1, 2026, succeeding Nathalie Delbreuve [1] - The company operates 35 glass production sites across 12 countries, employing nearly 11,000 people [6] Leadership Experience - Cristina Riesgo brings over 20 years of financial experience from various international companies, starting her career at General Electric (GE) [1][2] - At GE, she held several global leadership roles, including head of controlling, financial planning and analysis leader, and CFO for Supply Chain Factories [2] Recent Role - Prior to joining Verallia, Riesgo served as CFO of the Onshore division at Siemens Gamesa, managing financial operations for a $6 billion (€5.12 billion) business [3] Strategic Goals - Riesgo aims to ensure robust financial governance and drive initiatives for profitable and sustainable growth at Verallia [4] - The company’s CEO, Patrice Lucas, expressed confidence in Riesgo's leadership to support the group's growth plans and strategic objectives, aligning with its purpose to "reimagine glass for a sustainable future" [5] Event Postponement - Due to Riesgo's scheduled start date, Verallia has postponed its Capital Market Day from January 2026 to the third quarter of the year to facilitate her transition [6]

Group 1 - Vetropack Group has appointed Lukas Burkhardt as CEO, effective January 1, 2026, succeeding Johann Reiter who retired after leading the company since 2018 [1][4] - Burkhardt has extensive experience, having been on the management board at Gerresheimer since 2018 and previously held positions at Audi and Rieter Automotive Group, focusing on operations in Asia [1][2] - Burkhardt expressed enthusiasm for his new role, highlighting Vetropack's potential as a traditional company with expertise in sustainable packaging solutions [3][2] Group 2 - The chairman of Vetropack's board, Claude Cornaz, stated that Burkhardt is the first-choice candidate for CEO, bringing industry knowledge and fresh ideas to the company [3][4] - Under Reiter's leadership, Vetropack introduced thermally tempered lightweight glass bottles and developed Strategy 2030+, focusing on internationalization and strategic realignment [3][4]

Company Overview - O-I Glass is a global leader in glass packaging, servicing many of the world's top food and beverage brands across over 74 countries with a workforce of 21,000 employees [3] - The company operates in both mainstream and premium categories, generating approximately $6.5 billion in revenue [3] Strategic Initiatives - O-I Glass is undergoing a transformation to regain its competitive edge, which has been affected by an inflated cost base [3] - The company has implemented a program called "Fit to Win," aimed at eliminating waste and inefficiencies, with the goal of improving earnings and cash flow while investing in profitable growth [3][4] - The approach of "Fit to Win" is structured into three horizons, focusing on getting fit, stripping waste, and directing savings towards enhancing earnings and customer growth [3]

Group 1 - O-I Glass, Inc. announced the retirement of Alan J. Murray from its Board of Directors after many years of service [1][2] - At the Annual Meeting, 11 director nominees were elected for one-year terms, including new members Eugenio Garza y Garza and Iain J. Mackay [1] - The company expressed gratitude for Mr. Murray's service and welcomed the new board members, highlighting their extensive global business and financial reporting expertise [2] Group 2 - O-I Glass is a leading producer of glass bottles and jars, emphasizing the sustainability and recyclability of glass as a packaging material [3] - The company achieved net sales of $6.5 billion in 2024 and operates approximately 69 plants in 19 countries with a diverse team of around 21,000 employees [3]