O-I Glass (OI) Tops Q2 EPS by 7c, Offers Guidance
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O-I GLASS REPORTS STRONG SECOND QUARTER 2021 RESULTS
August 3, 2021 4:20 PM EDTPERRYSBURG, Ohio, Aug. 03, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE
O-I Glass, Inc. (O-I) (NYSE: OI) today reported financial results for the second quarter ended June 30, 2021.
O-Is second quarter business performance was strong and exceeded our expectations. Demand was robust and shipment levels rebounded to pre-pandemic levels. Excluding the effect of recent divestitures, sales volume was up 18 percent from the prior year period. Likewise, the companys performance benefited from higher production as well as continued solid operating and cost performance supported by the companys Margin... More
