O-I Glass Inc (N:OI)
Business Focus: Glass Containers & Packaging
| Sector: Basic Materials | Industry: Non-Paper Containers & Packaging |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | One Michael Owens Way PERRYSBURG OH 43551-2999 |
| Tel: | N/A |
| Website: | https://www.o-i.com |
| IR: | See website |
| Key People | ||
| Andres A. Lopez President, Chief Executive Officer, Director | John A. Haudrich Chief Financial Officer, Senior Vice President | Vitaliano Torno President, Business Operations and O-I Europe |
| Arnaud Aujouannet Senior Vice President, Chief Sales and Marketing Officer | Darrow A. Abrahams Senior Vice President, General Counsel, Corporate Secretary | Gordon J. Hardie Independent Director |
| Business Overview |
| O-I Glass, Inc. is a manufacturer of glass container products. The Company's segments include the Americas and Europe. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The Company also produces glass packaging for a variety of food items, soft drinks, teas, juices, and pharmaceuticals. The Company manufactures glass containers in a range of sizes, shapes, and colors. Its customers consist of food and beverage manufacturers, including Anheuser-Busch InBev, Brown-Forman, Carlsberg, Coca-Cola, Constellation, Diageo, Heineken, Molson Coors, Nestle, PepsiCo and Pernod Ricard. It has glass container manufacturing plants in the Americas region located in Brazil, Canada, Colombia, Ecuador, Mexico, Czech Republic, France, Germany, Hungary and the United States. It has a distribution facility in the United States used to import glass containers from its business in Mexico. It has approximately 69 plants in 19 countries. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, O-I Glass Inc revenues increased 4% to $7.11B. Net loss totaled $103M vs. income of $584M. Revenues reflect Europe segment increase of 8% to $3.12B, Americas segment increase of 1% to $3.87B, Non-U.S. segment increase of 7% to $5.28B. Basic Earnings per Share excluding Extraordinary Items decreased from $3.76 to -$0.67. |
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