O-I Glass (OI) Issues Business Update
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O-I GLASS BUSINESS UPDATE
June 7, 2022 4:15 PM EDTPERRYSBURG, Ohio, June 07, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASEÂ
O-I Glass, Inc. (NYSE: OI) today provided a business update for the second quarter of 2022 in advance of participation in an investor conference. Â Â Â
The second quarter is progressing very well, and we now expect adjusted earnings will exceed our previous guidance range. Glass container shipments (in tons) are up approximately one percent quarter-to-date through May, which is consistent with our expectations of low, single digit growth. Stronger results reflect more favorable operating performance and higher... More
