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O-I Glass, Inc. /DE/ (OI) filed an 8-K current report with the SEC on April 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Exhibit 99.1 referenced for O-I Glass’s fiscal-year 2026 results.
O-I Glass, Inc. /DE/ 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Exhibit 99.1 referenced for O-I Glass’s fiscal-year 2026 results
- Filing provides no operating figures; investors must review Exhibit 99.1 for earnings details
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $1.54B, down from $1.567B; adjusted EPS fell to $0.05 from $0.40
- Europe reached breakeven profit versus $68M, driven by energy-cost resets, pricing pressure, and weaker Wine demand
- Americas profit held at $142M with margin improving to 16.3%, offsetting European weakness
- 2026 adjusted EPS guidance cut to $1.00–$1.50 from $1.65–$1.90; adjusted EBITDA reduced to $1.125B–$1.225B
- Free cash flow guidance lowered to $50M–$150M from approximately $200M; Q1 operating cash use was $294M
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