Exceeded Adjusted Earnings Expectations
O-I reported second quarter adjusted earnings of $0.53 per share, surpassing both expectations and prior year results.
Fit to Win Program Success
Achieved $84 million in savings in the second quarter, with a first-half total of $145 million, on track to meet or exceed the $250 million target for 2025.
Americas Segment Growth
Second quarter shipments in the Americas increased by approximately 4%, driven by a rebound in beer and spirits categories.
Raised Full-Year Guidance
Full-year adjusted earnings are expected to increase between 60% and 90% compared to 2024.
Improved Inventory Management
Inventories reduced by approximately $160 million compared to the same period last year, on track to meet or beat the year-end 2025 target of fewer than 50 days of inventory supply.