O-I Glass (OI) Withdraws 2020 Guidance

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O-I Glass Business Update

April 8, 2020 4:21 PM EDT

Solid First Quarter Operating Performance and Strong Liquidity; Most Plants Operating with Minimal Interruption Amid COVID-19

PERRYSBURG, Ohio, April 08, 2020 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI) today provided a business update in light of the rapid developments related to COVID-19. 

O-Is operating performance was solid during the first quarter of 2020, reflecting the positive impact of the companys turnaround initiatives. While demand was stable for most of the quarter, shipment and production levels did decline in several markets in late March reflecting the... More