O-I Glass (OI) Tops Q4 EPS by 4c, Offers Guidance

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O-I GLASS REPORTS FULL YEAR AND FOURTH QUARTER 2019 RESULTS

February 4, 2020 4:35 PM EST

PERRYSBURG, Ohio, Feb. 04, 2020 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

O-I Glass, Inc. (NYSE: OI) today reported financial results for the full year and fourth quarter ended Dec. 31, 2019.

O-Is 2019 earnings were in line with our most recent guidance and cash flows exceeded expectations. We made significant progress during the second half of the year, ending on a positive note despite a very challenging start to 2019,  said Andres Lopez, CEO.

As we enter 2020, we are taking bold structural actions to improve O-Is business fundamentals.  ... More