O-I Glass backs FY25 adjusted EPS view $1.20-$1.50, consensus $1.34

Backs FY25 free cash flow view $150M-$200M. The company said, “The company is reaffirming its previously announced 2025 guidance of Adjusted Earnings in the range of $1.20 to $1.50 per share and Free Cash Flow between $150 and $200 million. Reflecting the expected benefits from its Fit To Win initiatives, O-I is also reaffirming its 2027 financial targets, including Adjusted EBITDA of at least $1.45 billion, Free Cash Flow of greater than 5% of sales and Economic Spread of at least 2%. Additionally, the company is introducing preliminary 2029 objectives that include longer-term benefits from its expected Profitable Growth and Strategic Optionality efforts.”