O-I Glass Reports Q1 2025 Earnings with Mixed Results
O-I Glass (OI) reported Q1 2025 earnings with adjusted EPS of $0.40, down year-over-year but exceeding internal expectations due to higher sales volume and cost savings. The company saw shipment volume growth of 4.4% and improved operating profit in the Americas, though Europe faced challenges. The Fit to Win program delivered $61 million in savings, and the company maintained its 2025 adjusted EPS guidance of $1.20-$1.50.
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Topics: earnings financial performance guidance inventory reduction operating profit tariff exposure