PresentationHappy to have one of the very first companies we ever had at one of our conferences. We won't say how long ago, O-I Glass and its Chief Financial Officer, John Haudrich, an old friend of ours, having joined the company in 2009 and having become Chief Financial Officer in 2019. Also in the audience is our friend and Head of Investor Relations, Chris Manuel. Chris, thanks for being here. Thank you for being here. Great that you're here. And I want to thank you for making the track again with all o ...

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 ...

FULL YEAR AND FOURTH QUARTER 2025 EARNINGS February 11, 2026 SAFE HARBOR COMMENTS AND FORWARD 2 -LOOKING STATEMENTS 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 tim ...

分组1 - O-I Glass reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, compared to a loss of $0.05 per share a year ago, representing an earnings surprise of +5.26% [1] - The company achieved revenues of $1.5 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.18%, although this is a decrease from year-ago revenues of $1.53 billion [2] - O-I Glass has outperformed the S&P 500, with shares increasing about 11.3% since the beginning of the year, compared to the S&P 500's gain of 1.7% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $1.59 billion, and for the current fiscal year, it is $1.92 on revenues of $6.53 billion [7] - The Zacks Industry Rank indicates that the Glass Products industry is currently in the bottom 5% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]

Company Overview - O-I Glass, Inc. is the largest manufacturer of glass containers globally, operating 69 glass manufacturing plants across 19 countries [11]. Investment Ratings - O-I Glass currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating a solid position in the market [11]. Momentum and Performance - The company has a Momentum Style Score of A, with shares increasing by 7.4% over the past four weeks [12]. - An analyst has revised their earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.01 to $1.60 per share [12]. - O-I Glass has demonstrated an average earnings surprise of +53.8%, suggesting strong performance relative to expectations [12].

Core Viewpoint - Gladstone Commercial Corporation has successfully executed lease extensions with Owens-Brockway Glass Container Inc. for two industrial buildings located in Pennsylvania and North Carolina, indicating a strong partnership and stability in their leasing agreements [1]. Group 1: Company Information - Gladstone Commercial Corporation is involved in the leasing of industrial properties, showcasing its role in the real estate sector [1]. - Owens-Brockway Glass Container Inc. is a wholly owned subsidiary of O-I Glass, Inc., and is recognized as one of the leading manufacturers of glass containers globally [1]. Group 2: Lease Details - The lease extensions pertain to a 290,000 square foot industrial building in Brockport, Pennsylvania, and a 154,000 square foot industrial building in Lexington, North Carolina, reflecting the company's commitment to maintaining its industrial real estate portfolio [1].

Company Overview - O-I Glass currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Price Performance - O-I Glass shares have increased by 1.47% over the past week, while the Zacks Glass Products industry has decreased by 0.9% during the same period [5] - Over the last month, O-I Glass has seen a price change of 12.01%, outperforming the industry's 5.32% [5] - In the last quarter, shares of O-I Glass have risen by 36.49%, and over the past year, they have gained 48.5%, compared to the S&P 500's increases of 3.32% and 17.49%, respectively [6] Trading Volume - The average 20-day trading volume for O-I Glass is 2,263,029 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for O-I Glass has increased, while none have decreased, raising the consensus estimate from $1.57 to $1.60 [9] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive sentiment regarding future earnings [9] Conclusion - Given the strong performance metrics and positive earnings outlook, O-I Glass is positioned as a promising investment opportunity with a Momentum Score of B [11]

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and enhance their confidence in the stock market [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, providing complementary indicators to the Zacks Rank [2][3] - Stocks are assigned ratings from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score identifies trends in stock prices and earnings outlooks, helping investors time their positions effectively [5] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores to highlight stocks with the best overall potential [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7] Stock to Watch: O-I Glass - O-I Glass, Inc. is the largest manufacturer of glass containers globally, operating 69 plants across 19 countries [11] - The company holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of A, indicating strong potential [11] - O-I Glass has a forward P/E ratio of 7.98, making it attractive for value investors [11] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate for fiscal 2025 to $1.59 per share, with an average earnings surprise of +53.8% [12]

Financial Performance Highlights - The company's adjusted earnings per share (aEPS) for 3Q25 was $0.48, a significant improvement from 3Q24's $(0.04)[6, 9] - Segment operating profit increased by 63% and margins increased by 570 basis points[8] - Net sales remained relatively stable, with a slight decrease from $1.679 billion in 3Q24 to $1.653 billion in 3Q25[11, 14] - The company is raising its 2025 earnings guidance and now expects $1.55 - $1.65 aEPS, approximately a 2x improvement compared to the previous year[8] Fit to Win Program - The Fit to Win program contributed $75 million in benefits during 3Q25, bringing the year-to-date total to $220 million[8] - The company expects to exceed its 2025 Fit to Win savings target, with solid progress towards achieving ≥ $650 million in savings by 2027[12] Segment Performance - Segment operating profit in the Americas increased by 59%, from $88 million in 3Q24 to $140 million in 3Q25[16, 17] - Segment operating profit in Europe increased by 70%, from $56 million in 3Q24 to $95 million in 3Q25[16, 17] Future Outlook - The company expects higher aEPS and free cash flow (FCF) in 2026, with continued progress towards its 2027 Investor Day (I-Day) goals[8] - Capital expenditures (CapEx) are expected to remain stable at approximately $450 million[20]

Financial Performance - Second quarter 2025 adjusted earnings per share (aEPS) was $0.53, a 20% increase from the prior year[6] - The company is increasing its 2025 aEPS guidance to $1.30 - $1.55, driven by strong year-to-date performance and Fit To Win (F2W) benefits[6, 14] - First half 2025 shipments were up nearly 1% compared to the prior year, while second quarter 2025 shipments were down approximately 3%[6, 8] Fit To Win Program - The Fit To Win program delivered $84 million in savings in the second quarter 2025, bringing the first half 2025 savings to $145 million[6] - The company is targeting ≥ $650 million in Fit To Win savings by 2027[10] - The Fit To Win program is expected to provide lower cost and capital intensity capacity compared to the MAGMA program, which is being halted[6] Market Conditions and Outlook - The company is navigating mixed market conditions, with Americas up in mid-single digits (MSD) and Europe down high-single digits (HSD) in the second quarter 2025[8] - Full year 2025 sales volume is expected to be stable compared to the prior year[9] - The improved outlook may not fully reflect the potential impact of elevated uncertainty related to changing global trade policies[15] Trade and Tariffs - Approximately 14% of O-I Glass' global sales volume crosses the U S border and is exposed to new tariffs, with 9.5% expected to be exempt due to USMCA compliance, leaving a net 4.5% potentially exposed[29]