Recent Insider Transactions • May 20
Senior VP recently bought Mex$431k worth of stock On the 11th of May, Darrow Abrahams bought around 3k shares on-market at roughly Mex$155 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth Mex$1.8m. Insiders have collectively bought Mex$6.0m more in shares than they have sold in the last 12 months. Anuncio • Apr 02
O-I Glass, Inc. to Report Q1, 2026 Results on Apr 28, 2026 O-I Glass, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026 Anuncio • Apr 01
O-I Glass, Inc., Annual General Meeting, May 13, 2026 O-I Glass, Inc., Annual General Meeting, May 13, 2026. Anuncio • Jan 14
O-I Glass, Inc. to Report Q4, 2025 Results on Feb 10, 2026 O-I Glass, Inc. announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Anuncio • Nov 11
O-I Glass, Inc. Announces Resignation of Eric J. Foss as Director, Effective November 7, 2025 On November 7, 2025, the Board of Directors (the “Board”) of O-I Glass, Inc. (the “Company”) accepted the resignation of Eric J. Foss as a Director, effective immediately. Mr. Foss tendered his resignation pursuant to the Company’s Corporate Governance Guidelines as a result of a significant change in job responsibility, which occurred upon his appointment as Chairman and Chief Executive Officer of Primo Brands Corporation. Anuncio • Oct 08
O-I Glass, Inc. to Report Q3, 2025 Results on Nov 04, 2025 O-I Glass, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Anuncio • Jul 03
O-I Glass, Inc. to Report Q2, 2025 Results on Jul 29, 2025 O-I Glass, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Anuncio • Apr 04
O-I Glass, Inc. to Report Q1, 2025 Results on Apr 29, 2025 O-I Glass, Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Anuncio • Apr 03
O-I Glass, Inc., Annual General Meeting, May 14, 2025 O-I Glass, Inc., Annual General Meeting, May 14, 2025. Anuncio • Oct 03
O-I Glass, Inc. to Report Q3, 2024 Results on Oct 29, 2024 O-I Glass, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.37 (vs US$0.71 in 2Q 2023) Second quarter 2024 results: EPS: US$0.37 (down from US$0.71 in 2Q 2023). Revenue: US$1.73b (down 8.5% from 2Q 2023). Net income: US$57.0m (down 48% from 2Q 2023). Profit margin: 3.3% (down from 5.8% in 2Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Global Packaging industry. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Anuncio • Jul 16
O-I Glass, Inc. Appoints Vitaliano Torno, Senior Vice President, Global Business Operations, and President of O-I Europe as Senior Vice President, Chief Transformation Officer and President of O-I Europe, Effective August 1, 2024 O-I Glass, Inc. announced on July 10, 2024, the board of directors of the company determined that Vitaliano Torno, who currently serves as the company’s senior vice president, Global Business Operations, and President of O-I Europe, will become the company’s Senior Vice President, Chief Transformation Officer and President of O-I Europe, effective August 1, 2024. Anuncio • Jul 04
O-I Glass, Inc. to Report Q2, 2024 Results on Jul 30, 2024 O-I Glass, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Anuncio • Jun 09
O-I Glass Transforms Processing of Recycled Glass with Innovative Mobile System O-I Glass, Inc. has completed the development and testing of a transformative, low-cost mobile glass processing machine that is easily transported and deployed to clean and crush recycled glass to be used as recycled content. Dubbed “MOGRA” (MOblie Glass Recycling Asset), the mobile processing system creates opportunities to recycle glass into furnace-ready glass where there was previously no infrastructure. MOGRA systems are engineered to fit on a truck trailer, enabling it to be moved and co-located at O-I facilities or other locations anywhere, across the U.S. The system can be unpacked, plugged in, and operational within a single day, quickly processing glass packaging for recycling from brewers, distillers, bottlers, or communities into localized raw material for making glass with recycled content. The mobility of the MOGRA system increases the viability of glass recycling by reducing logistical details, transportation costs and associated emissions. MOGRA has been engineered to crush glass to a specified size, while removing any metallic content, such as caps, closures, and capsules, to improve the overall quality of the glass for recycling. The mobile system can process up to 6,000 MT of glass packaging per year. O-I has the ambitious goal to increase the recycled content of its packaging to a global average of 50%. Glass is made with four basic ingredients, limestone, soda ash, silica sand and cullet (recycled glass). Increasing the volume of cullet used in glass production conserves natural resources and reduces the energy needed to produce glass packaging. Cullet melts at a lower temperature, and every ten percent of recycled glass used reduces overall emissions by five percent. Each ton of cullet used to make glass packaging, conserves 1.6 tons of natural resources for future generations. As part of the company’s vision to be the most sustainable, and chosen, supplier of brand-building packaging, O-I glass is transforming the way glass is made and recycled with innovative, breakthrough solutions. Anuncio • May 03
O-I Glass, Inc. Updates Sales Volume Guidance for the Full Year of 2024 O-I Glass, Inc. updated sales volume guidance for the full year of 2024. The company now expects sales volume (in tons) will be flat-to-up low single digits for full year 2024 which compares to the company’s original outlook of low-to-mid single digit growth. A lower growth rate reflects a slower than anticipated rate of consumer consumption recovery following the current market downturn as well as a longer duration of inventory destocking in key end-use categories including wine and spirits. Likewise, the company will incur additional temporary production curtailment costs to balance supply with lower demand, which will be partially mitigated by at least $175 million of margin expansion initiative benefits compared to the original target of more than $150 million. The updated outlook also reflects unfavorable foreign currency translation, higher interest expense and a higher tax rate compared to original guidance. Anuncio • Mar 07
O-I Glass, Inc., Annual General Meeting, May 15, 2024 O-I Glass, Inc., Annual General Meeting, May 15, 2024. Anuncio • Nov 01
O-I Glass, Inc. to Report Q4, 2023 Results on Feb 07, 2024 O-I Glass, Inc. announced that they will report Q4, 2023 results at 8:00 AM, US Eastern Standard Time on Feb 07, 2024 Anuncio • Sep 29
O-I Glass, Inc. to Report Q3, 2023 Results on Oct 31, 2023 O-I Glass, Inc. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023 Anuncio • Sep 22
O-I Glass, Inc. Approves Closure of its Waco, Texas Glass Container Plant On September 19, 2023, O-I Glass, Inc. approved the closure of its Waco, Texas glass container plant. The closure is expected to occur on or after October 16, 2023. The Company intends to facilitate the closure in a respectful manner for the approximately 300 people impacted at the Waco plant. Current customers of the plant will be served by other domestic plants in the Company’s network. The Company remains strongly focused on optimizing the overall efficiency of, and investments in, its regional plant network, and the decision to close the Waco plant is consistent with the Company’s previously communicated initiatives to improve performance across its operations. Subject to finalization of certain estimates, the Company expects to record a charge associated with the Waco closure of approximately $60 million in the third quarter of 2023. Major components of the charge include approximately $32 million for impairment of plant-related assets, such as furnaces and machinery, and $28 million for one-time employee separation benefits and other costs related to the closing (of which approximately $21 million relate to future cash expenditures). Anuncio • Jun 27
O-I Glass, Inc. to Report Q2, 2023 Results on Aug 01, 2023 O-I Glass, Inc. announced that they will report Q2, 2023 results After-Market on Aug 01, 2023 Anuncio • Jan 05
O-I Glass, Inc. to Report Q4, 2022 Results on Jan 31, 2023 O-I Glass, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 31, 2023 Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Mex$259, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Packaging industry globally. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improved over the past week After last week's 21% share price gain to US$359, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Packaging industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$590 per share. Reported Earnings • Apr 30
First quarter 2021 earnings released: US$0.62 loss per share (vs US$0.32 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$1.50b (down 3.9% from 1Q 2020). Net loss: US$97.0m (down 294% from profit in 1Q 2020). Reported Earnings • Feb 11
Full year 2020 earnings released: EPS US$1.59 (vs US$2.56 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$6.09b (down 9.0% from FY 2019). Net income: US$249.0m (up US$646.0m from FY 2019). Profit margin: 4.1% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 1.6%, compared to a 9.7% growth forecast for the Packaging industry in Mexico.