O-I The Leading 91Ƶ Bottle Manufacturer Wed, 01 Apr 2026 20:24:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 /wp-content/uploads/2023/03/o-i-favicon.svg O-I 32 32 91Ƶ Announces First Quarter 2026 Earnings Conference Call and Webcast /news/o-i-glass-announces-first-quarter-2026-earnings-conference-call-and-webcast/ Wed, 01 Apr 2026 20:24:43 +0000 https://investors.o-i.com/news/news-details/2026/O-I-91Ƶ-Announces-First-Quarter-2026-Earnings-Conference-Call-and-Webcast/default.aspx PERRYSBURG, Ohio, April 01, 2026 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (NYSE: OI) has scheduled its first quarter 2026 conference call and webcast for Wednesday, April 29, 2026, at 8 a.m. EDT. The Company’s news release for the first quarter 2026 earnings will be issued after the market closes on Tuesday, April 28. What: O-I […]

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PERRYSBURG, Ohio, April 01, 2026 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (NYSE: OI) has scheduled its first quarter 2026 conference call and webcast for Wednesday, April 29, 2026, at 8 a.m. EDT. The Company’s news release for the first quarter 2026 earnings will be issued after the market closes on Tuesday, April 28.

What: O-I Conference Call and Webcast
Earnings presentation materials will also be posted on the O-I website,www.o-i.com/investors, when the earnings news release is issued.

When: Wednesday, April 29, 2026, at 8 a.m. EDT

Where: or at www.o-i.com/investors, Events and Presentations page

The webcast will be archived at www.o-i.com/investors until April 2027.

ABOUT O-I GLASS

At 91Ƶ, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not onlybeautiful,itis also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately19,000 peopleacross 61 plants in 18countries, O-I achieved revenues of $6.4 billion in 2025. Learn more about us: / /

contact:

SASHA SEKPEH
Investor Relations Coordinator
alexandra.sekpeh@o-i.com
567.336.5128

Attachment


Source: Owens-Illinois General Inc.

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O-I’s Nicole Lopez Honored with 2026 Leadership Award from the Manufacturing Institute /news/o-is-nicole-lopez-honored-with-2026-leadership-award-from-the-manufacturing-institute/ Mon, 09 Mar 2026 13:30:16 +0000 /?p=23531 Perrysburg, Ohio,March9, 2026 —The Manufacturing Institute—the workforce development and education partner of the National Association of Manufacturers—hasannounced that Nicole Lopez,Director, Global Sustainability Reporting& Insurance Riskat 91Ƶ, Inc., is beingrecognized as a 2026 STEP Ahead Awards honoreefor her exceptional leadership andcontributions to manufacturing andhercommunity. Lopez has spent more than 20 years driving strategic leadership, operational excellence, and people-centered progress […]

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Perrysburg, Ohio,March9, 2026 —The Manufacturing Institute—the workforce development and education partner of the National Association of Manufacturers—hasannounced that Nicole Lopez,Director, Global Sustainability Reporting& Insurance Riskat 91Ƶ, Inc., is beingrecognized as a 2026 STEP Ahead Awards honoreefor her exceptional leadership andcontributions to manufacturing andhercommunity.

Lopez has spent more than 20 years driving strategic leadership, operational excellence, and people-centered progress at O-I. While much of her work is focused on cross-functional collaboration and regulatory readiness, Lopez has also shaped O-I’s culture through her work in social engagement and as a cofounder of the Global Women’s Engagement Network, creating meaningful spaces for connection, mentorship, and inclusion. Her career reflects a purpose-driven commitment to empowering others, building community, and elevating voices—especially those of women—across the organization and beyond.

“What drives me is seeing the incredible potential in the women around me and helping them recognize it in themselves,”said Lopez.“When women feel supported and confident in their voice, they strengthen entire teams, families, and communities.I want to see a future where every woman in our industry feels she belongs, is encouraged to lead, and knows she never needs to shrink to make space for others.”

Nicole Lopez Step Honoree
Source: 91Ƶ

Lopezand other honoreeswill berecognizedatthe annual  Gala in Washington, D.C., on April 23, 2026. 

The ManufacturingInstitute’s STEP Ahead initiativeisdedicated to supporting the manufacturing workforce through leadership development and recognition. Theprogram’s annualawards shine a spotlight on the people powering manufacturing success, those whose leadership, expertise, and commitment to others are building stronger workplaces and communities. As manufacturers work to attract, retain, and advance talent in a rapidly evolving industry, programs like STEP Ahead play a critical role in elevating role models and demonstrating what leadership in manufacturing looks like today. 

“Manufacturing’s future depends on leaders who develop talent, strengthen teams and drive results by building strong workplace cultures,” said Lexi Champion, National Director of STEP Ahead. “The STEP Ahead Awards recognize and celebrate those making that impact every day in their workplaces and communities, and whose leadership helps the next generation see a place for themselves in manufacturing.”

“This recognition is meaningful to me because it reflects the kind of leadership Ibelievemanufacturing needs,”said Lopez. “Leadership grows when we build trust, show compassion, and encourage people to contribute in ways that reflect their strengths and values. When we empower people to lead authentically, our workplaces become stronger, safer, and more innovative. I hope my journey encourages others to lead with heart and to lift others as they grow.”

ABOUT O-I GLASS  

At 91Ƶ, Inc. (NYSE: OI), we love glass, and we are proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not onlybeautiful,itis also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately19,000 peopleacross 64 plants in 18countries, O-I achieved revenues of$6.4billionin 2025. Learn more about us://

ABOUT THE MANUFACTURING INSTITUTE 

The Manufacturing Institute works to build and strengthen the manufacturing workforce for today and tomorrow to create a workforce prepared for the challenges and opportunities of the 21st century. This is done through implementing groundbreaking initiatives, convening industry leaders, conducting innovative research and promoting public policy that supports the sector as it meets the opportunity of modern manufacturing. Through this work, the MI furthers individual opportunity, community prosperity and a more competitive manufacturing industry. For more information, please visit:

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O-I to Present at BofA Securities 2026 Global Agriculture and Materials Conference /news/o-i-to-present-at-bofa-securities-2026-global-agriculture-and-materials-conference/ Wed, 25 Feb 2026 13:14:22 +0000 https://investors.o-i.com/news/news-details/2026/O-I-to-Present-at-BofA-Securities-2026-Global-Agriculture-and-Materials-Conference/default.aspx Maintaining Full-Year 2026 Guidance, But Seeing Additional Earnings Pressure in 1Q26 PERRYSBURG, Ohio, Feb. 25, 2026 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE John Haudrich, Chief Financial Officer of 91Ƶ, Inc. (“O-I,” NYSE: OI), will present at the BofA Securities 2026 Global Agriculture and Materials Conference on Wednesday, February 25, 2026, at 10:30 a.m. ET. […]

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Maintaining Full-Year 2026 Guidance, But Seeing Additional Earnings Pressure in 1Q26

PERRYSBURG, Ohio, Feb. 25, 2026 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE

John Haudrich, Chief Financial Officer of 91Ƶ, Inc. (“O-I,” NYSE: OI), will present at the BofA Securities 2026 Global Agriculture and Materials Conference on Wednesday, February 25, 2026, at 10:30 a.m. ET.

During the presentation, O-I will outline its strategy to enhance shareholder value through improved competitiveness, disciplined cost transformation, and profitable growth. The company will highlight continued progress under its Fit to Win program, which has exceeded initial savings targets and is driving margin expansion, stronger cash flow, and higher economic profit. O-I will also discuss progress toward its reaffirmed 2027 Investor Day commitments, along with actions to optimize its global manufacturing footprint and portfolio mix. Management will address current market conditions and near-term earnings dynamics.

The company is maintaining its full-year 2026 guidance, yet it now expects additional pressure on adjusted earnings per share in the first quarter of 2026 due to recent developments, with results likely below the previously communicated estimate that the first quarter would contribute 12-16% of full-year 2026 adjusted earnings per share. In Europe, segment operating profit will be impacted by incremental commercial headwinds from ongoing soft demand and heightened competitive pressures as well as higher, short-term supply chain costs associated with previously announced actions to permanently close excess capacity at several locations by mid-2026.

Despite these near-term headwinds, O-I remains focused on driving higher earnings, increasing economic profit, strengthening free cash flow, and delivering sustainable, long-term value for shareholders.

BofA Securities 2026 Global Agriculture and Materials Conference on February 25, 2026

A live webcast of the presentation will be available at or can be accessed on the company’s Investor Relations website,www.o-i.com/investors, in the News and Events section. A replay of the presentation will be available on the website for a 90 days following the event.

Contact: Sasha Sekpeh, 567-336-5128 – O-I Investor Relations

O-I news releases are available on the O-I website atwww.o-i.com.

About 91Ƶ

At 91Ƶ, Inc. (NYSE: OI), we love glass and we’re proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not only beautiful, it’s also pure and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 64 plants in 18 countries, O-I achieved net sales of $6.4 billion in 2025. Learn more about us:o-i.com / / / /

Non-GAAP Financial Measures

The company uses certain non-GAAP financial measures, which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP, within the meaning of applicable SEC rules. Management believes that its presentation and use of certain non-GAAP financial measures, including adjusted earnings, adjusted earnings per share, free cash flow, segment operating profit, segment operating profit margin, EBITDA, adjusted EBITDA, net debt, net debt leverage and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors, as well as by management in assessing both consolidated and business unit performance. These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures.

Adjusted earnings relates to net earnings (loss) attributable to the company,exclusive of items management considers not representative of ongoing operations and other adjustments because such items are not reflective of the company’s principal business activity, which is glass container production. Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share. Segment operating profit relates to earnings (loss) before interest expense, net, and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs and other adjustments. Segment operating profit margin is calculated as segment operating profit divided by segment net sales. EBITDA refers to net earnings, excluding gains or losses from discontinued operations, interest expense, net, provision for income taxes, depreciation and amortization of intangibles. Adjusted EBITDA refers to EBITDA, exclusive ofitems management considers not representative of ongoingoperations and other adjustments. Net debt leverage refers to total debt less cashdivided by Adjusted EBITDA.Adjusted effective tax rate relates to provision for income taxes, exclusive of items management considers not representative of ongoing operations and other adjustments divided by earnings (loss) before income taxes, exclusive of items management considers not representative of ongoing operations and other adjustments. Management uses adjusted earnings, adjusted earnings per share, segment operating profit, segment operating profit margin, and adjusted effective tax rate to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations. The above non-GAAP financial measures may be useful to investors in evaluating the underlying operating performance of the company’s business as these measures eliminate items that are not reflective of its principal business activity.

Net debt is defined as total debt less cash. Management uses net debt to analyze the liquidity of the company.

Further, free cash flow relates to cash provided by operating activities less cash payments for property, plant, and equipment. Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes these have provided useful supplemental measures related to its principal business activity. It should not be inferred that the entire free cash flow amount is available for discretionary expenditures, since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from these measures. Management uses non-GAAP information principally for internal reporting, forecasting, budgeting and calculating compensation payments.

The company routinely posts important information on its website – www.o-i.com/investors.

Forward-Looking Statements

This press release contains “forward-looking” statements related to 91Ƶ, Inc. (“91Ƶ” or the “company”) within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements reflect the company’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words “believe,” “expect,” “anticipate,” “will,” “could,” “would,” “should,” “may,” “plan,” “estimate,” “intend,” “predict,” “potential,” “continue,” “commit,” and the negatives of these words and other similar expressions generally identify forward-looking statements.

It is possible that the company’s future financial performance may differ from expectations due to a variety of factors including, but not limited to the following: (1) the company’s ability to achieve expected benefits from cost management, efficiency improvements, and profitability initiatives, such as its Fit to Win initiative, including expected impacts from production curtailments, reduction in force and furnace closures, (2) the general credit, financial, political, economic, legal and competitive conditions in markets and countries where the company has operations, including uncertainties related to economic and social conditions, trade policies and disputes, financial market conditions, disruptions in the supply chain, competitive pricing pressures, inflation or deflation, changes in tax rates, changes in laws or policies, legal proceedings involving the company, war, civil disturbance or acts of terrorism, natural disasters, public health issues and weather, (3) cost and availability of raw materials, labor, energy and transportation (including impacts related to the current Ukraine-Russia and Israel-Hamas conflicts and disruptions in supply of raw materials caused by transportation delays), (4) competitive pressures from other glass container producers and alternative forms of packaging or consolidation among competitors and customers, (5) changes in consumer preferences or customer inventory management practices, (6) the continuing consolidation of the company’s customer base, (7) risks related to the development, deployment and use of artificial intelligence technologies, (8) the company’s inability to improve glass melting technology in a cost-effective manner and introduce productivity, process and network optimization actions, (9) unanticipated supply chain and operational disruptions, including higher capital spending, (10) seasonality of customer demand, (11) the failure of the company’s joint venture partners to meet their obligations or commit additional capital to the joint venture, (12) labor shortages, labor cost increases or strikes, (13) the company’s ability to acquire or divest businesses, acquire and expand plants, integrate operations of acquired businesses and achieve expected benefits from acquisitions, divestitures or expansions, (14) the company’s ability to generate sufficient future cash flows to ensure the company’s goodwill is not impaired, (15) any increases in the underfunded status of the company’s pension plans, (16) any failure or disruption of the company’s information technology, or those of third parties on which the company relies, or any cybersecurity or data privacy incidents affecting the company or its third-party service providers, (17) risks related to the company’s indebtedness or changes in capital availability or cost, including interest rate fluctuations and the ability of the company to generate cash to service indebtedness and refinance debt on favorable terms, (18) risks associated with operating in foreign countries, (19) foreign currency fluctuations relative to the U.S. dollar, (20) changes in tax laws or global trade policies, (21) the company’s ability to comply with various environmental legal requirements, (22) risks related to recycling and recycled content laws and regulations, (23) risks related to climate-change and air emissions, including related laws or regulations and increased ESG scrutiny and changing expectations from stakeholders, and the other risk factors discussed in the company’s filings with the Securities and Exchange Commission.

It is not possible to foresee or identify all such factors. Any forward-looking statements in this document are based on certain assumptions and analyses made by the company in light of its experience and perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations. While the company continually reviews trends and uncertainties affecting the company’s results of operations and financial condition, the company does not assume any obligation to update or supplement any particular forward-looking statements contained in this document.

Attachments

For more information, contact:
Chris Manuel, Vice President of Investor Relations
567-336-2600
Chris.Manuel@o-i.com

 

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91Ƶ to Present at BofA Securities 2026 Global Agriculture and Materials Conference /news/o-i-glass-to-present-at-bofa-securities-2026-global-agriculture-and-materials-conference/ Wed, 18 Feb 2026 20:20:20 +0000 https://investors.o-i.com/news/news-details/2026/O-I-91Ƶ-to-Present-at-BofA-Securities-2026-Global-Agriculture-and-Materials-Conference/default.aspx PERRYSBURG, Ohio, Feb. 18, 2026 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (“91Ƶ” or “O-I”) today announced the Company will participate in BofA Securities 2026 Global Agriculture and Materials Conference on Wednesday, February 25, 2026. 91Ƶ Chief Financial Officer John Haudrich will present at 10:30 a.m. ET. A live webcast of the presentation will […]

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PERRYSBURG, Ohio, Feb. 18, 2026 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (“91Ƶ” or “O-I”) today announced the Company will participate in BofA Securities 2026 Global Agriculture and Materials Conference on Wednesday, February 25, 2026.

91Ƶ Chief Financial Officer John Haudrich will present at 10:30 a.m. ET.

A live webcast of the presentation will be available at or can be accessed on the Company’s Investor Relations website,www.o-i.com/investors.

The replay will be available through the above link within 24 hours of the presentation and will be archived for 90 days following the completion of the conference.

ABOUT O-I GLASS

At 91Ƶ, Inc. (NYSE: OI), we love glass and we’re proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not only beautiful, it’s also pure and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 64 plants in 18 countries, O-I achieved net sales of $6.4 billion in 2025.Learn more about us: o-i.com / / / /

Contact:
SASHA SEKPEH
Sr. Finance Coordinator
Alexandra.Sekpeh@o-i.com
567.336.5128

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91Ƶ Reports Full Year and Fourth Quarter 2025 Results /news/o-i-glass-reports-full-year-and-fourth-quarter-2025-results/ Tue, 10 Feb 2026 21:29:32 +0000 https://investors.o-i.com/news/news-details/2026/O-I-91Ƶ-Reports-Full-Year-and-Fourth-Quarter-2025-Results/default.aspx PERRYSBURG, Ohio, Feb. 10, 2026 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Significantly Improved 2025 Performance Driven By $300 Million Fit To Win Benefits Anticipate Stronger 2026 Results and Reaffirming O-I’s 2027 Investor Day Targets Increasing Cumulative Three-Year Fit To Win Benefit Target To At Least $750 Million 91Ƶ, Inc. (“O-I”) (NYSE: OI) today reported […]

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PERRYSBURG, Ohio, Feb. 10, 2026 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE

  • Significantly Improved 2025 Performance Driven By $300 Million Fit To Win Benefits
  • Anticipate Stronger 2026 Results and Reaffirming O-I’s 2027 Investor Day Targets
  • Increasing Cumulative Three-Year Fit To Win Benefit Target To At Least $750 Million

91Ƶ, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2025.

Full Year 2025 Results

Net Sales
$M
Net Earnings (Loss) Attributable To the Company
Earnings Per Share
Earnings (Loss) Before
Income Taxes
$M
Cash Provided by
Operating Activities
$M
FY25 FY24 FY25 FY24 FY25 FY24 FY25 FY24
Reported $6,426 $6,531 ($0.84) ($0.69) ($49) $38 $600 $489
Adjusted Earnings
Earnings Per Share (Diluted)
Segment Operating Profit
$M
Free Cash Flow
$M Source (Use)
FY25 FY24 FY25 FY24 FY25 FY24
Non-GAAP1 $1.60 $0.81 $846 $748 $168 ($128)
2025 Guidance $1.55 -$1.65 n/a $150-$200

1 See discussion of Non-GAAP financial measures on pg.5 and below reconciliations.

“O-I delivered strong results in 2025, demonstrating the effectiveness of our strategy,” said Gordon Hardie, CEO of 91Ƶ. “Although reported results were lower due to planned restructuring actions, our adjusted earnings nearly doubled versus 2024 driven by disciplined execution of Fit to Win.”

“We are making very solid progress against our strategic objectives, and our 2025 financial performance was consistent with our recent guidance. Net sales were relatively stable despite softer market demand, as we successfully navigated challenging market conditions and remained focused on optimizing our customer and product mix. This approach resulted in a more premium and resilient business portfolio. Fit to Win continues to be a core value driver for our business and delivered $300 million in benefits in 2025, significantly exceeding our original goal and driving meaningful performance improvement.”

“Looking ahead, we anticipate continued progress in 2026, including another year of substantial Fit to Win benefits, despite ongoing market uncertainty and muted demand. We are also reaffirming our 2027 Investor Day financial targets and increasing our cumulative Fit to Win benefits to at least $750 million to further strengthen our competitiveness. As a result, we expect to drive higher earnings, enhance economic profit, strengthen free cash flow, and deliver sustainable, long-term value for shareholders,” concluded Hardie.

Net sales were $6.4 billion in 2025, compared to $6.5 billion in the prior year reflecting fairly stable average selling prices, while favorable foreign currency translation mostly offset modestly lower sales volume (in tons).

Loss before income taxes was $49 million in 2025, compared with earnings before income taxes of $38 million in the prior year with margins decreasing 140 basis points. Both years included items not representative of ongoing operations, primarily related to restructuring actions. Excluding these items, results reflected higher segment operating profit, lower corporate retained and other costs, and stable interest expense.

Segment operating profit was $846 million in 2025, up $98 million (or 13 percent) from $748 million in the previous year, and represented a 170 basis point improvement in segment margins.

  • Americas:Segment operating profit was $549 million, up from $392 million in the prior year, representing a 40 percent improvement as margins expanded 420 basis points. Better results were driven by lower operating costs from significant savings delivered through O‑I’s Fit to Win initiatives as well as favorable net price and insurance settlements, despite modestly lower sales volumes.
  • Europe:Segment operating profit was $297 million, down from $356 million in the prior year, representing a 17 percent decrease as margins contracted 160 basis points. Results reflected unfavorable net price, modestly lower sales volumes and idle capacity, partially offset by favorable operating costs and benefits from Fit to Win initiatives.

Retained corporate and other costs were $107 million in 2025, down from $134 million in the prior year, primarily due to Fit To Win benefits and a one-time benefit from the settlement of a previously reserved royalty receivable in the fourth quarter of 2025, partially offset by higher management incentive expense.

O-I reported a net loss attributable to the company of $0.84 per share in 2025, compared to a net loss of $0.69 per share in 2024.

Adjusted earnings was $1.60 per share (diluted) in 2025, consistent with O-I’s most recent guidance of $1.55 to $1.65 per share (diluted), compared to $0.81 per share (diluted) in 2024.

Cash provided by operating activities was $600 million in 2025, compared to $489 million in 2024.

Free cash flow was $168 million in 2025, consistent with management’s guidance range of $150 million to $200 million. This represented a nearly $300 million improvement compared to a $128 million use of cash in the prior year, despite approximately $90 million of incremental restructuring spending in 2025.

Total debt was $5 billion as of December 31, 2025, flat with 2024. Net debt was $4.2 billion, stable versus the prior year, and net debt leverage ended 2025 at 3.5x, down from 3.9x in 2024.

Fourth Quarter 2025 Results

Net Sales
$M
Net Loss Attributable to the Company
Earnings Per Share
Earnings (Loss) Before Income Taxes
$M
4Q25 4Q24 4Q25 4Q24 4Q25 4Q24
Reported $1,500 $1,529 (0.90) ($1.00) ($133) ($125)
Adjusted Earnings (Loss)
Earnings Per Share (Diluted)
Segment Operating Profit
$M
4Q25 4Q24 4Q25 4Q24
Non – GAAP1 $0.20 ($0.05) $177 $136

1 See discussion of Non-GAAP financial measures on pg.5 and below reconciliations.

Net sales for the fourth quarter of 2025 were $1.5 billion, stable with the prior year period reflecting flat average selling prices, while favorable foreign currency translation offset a moderate decline in sales volumes (in tons).

The company reported a loss before income taxes of $133 million in the fourth quarter of 2025 compared to $125 million in the prior year quarter with margins decreasing 70 basis points. Both periods included items not representative of ongoing operations primarily related to restructuring actions. Fourth quarter of 2025 earnings benefited from improved segment operating profit.

Segment operating profit was $177 million in the fourth quarter of 2025, up $41 million (or 30 percent) from $136 million in the prior year period, and represented a 280 basis point improvement in segment margins.

  • Americas:Segment operating profit was $134 million, up from $96 million in the fourth quarter of 2024, representing a 40 percent improvement as margins expanded 430 basis points. Performance improvement was driven by lower operating costs from significant savings delivered through O‑I’s Fit to Win initiatives, as well as favorable net price, despite lower sales volumes.
  • Europe:Segment operating profit was $43 million, up from $40 million in the fourth quarter of 2024, representing an 8 percent increase as margins improved 60 basis points. Higher results reflected favorable operating costs due to higher production levels and benefits from Fit to Win initiatives which more than offset unfavorable net price and modestly lower sales volumes.

Retained corporate and other costs were $28 million in the fourth quarter of 2025 compared to $30 million in the prior year as the benefit from Fit to Win and the settlement of a previously reserved royalty receivable more than offset higher management incentives.

O-I reported a net loss attributable to the company of $0.90 per share in the fourth quarter of 2025, compared to a net loss of $1.00 per share in the same period of 2024.

Adjusted earnings was $0.20 per share (diluted) in the fourth quarter of 2025, compared to an adjusted net loss of $0.05 per share in the prior year quarter.

2026 Outlook

2026 Guidance 2025 Actual
Adjusted EBITDA ($M) $1,250 – $1,300 $1,218
Adjusted Earnings Per Share $1.65 – $1.90 $1.60
Free Cash Flow ($M) ~ $200 $168

O‑I anticipates 2026 adjusted EBITDA to be in the range of $1.25 billion to $1.30 billion, representing up to an 7 percent increase over 2025 levels. This growth is expected despite an estimated $150 million step-up in energy costs following the expiration of favorable European energy contracts at the end of 2025. Excluding this step-up, adjusted EBITDA would have been expected to increase by up to 22 percent.

Operationally, O‑I expects to benefit from at least $275 million of incremental Fit To Win initiatives, which are projected to drive improved performance despite lower net price trends and flat to slightly declining sales volumes. As consumption stabilizes or recovers over time, we believe O‑I’s optimized portfolio will be well positioned to deliver on generating growth and higher economic profit.

Management forecasts adjusted earnings per share in the range of $1.65 to $1.90, representing up to a 19 percent improvement over 2025. This outlook is supported by higher anticipated EBITDA, stable interest expense, and a full-year adjusted effective tax rate of approximately 30 to 33 percent. Assumptions for foreign currency rates are based on levels as of January 31, 2025.

O‑I expects free cash flow to approximate $200 million in 2026, an increase of nearly 20 percent compared to 2025. This improvement is driven by stronger earnings, partially offset by modestly higher capital expenditures which should approximate $450 million compared to $432 million in 2025. Cash restructuring spending is expected to approximate $150 million in 2026 and taper thereafter.

O-I’s outlook for 2026 reflects our confidence in the company’s operational resilience, strategic focus, and commitment to delivering sustainable value for shareholders.

Guidance primarily reflects the company’s current view of sales and production volume, mix, and working‑capital trends and does not reflect the potential impact of tariffs on U.S. imports or retaliatory tariffs on U.S. exports. The earnings and cash flow guidance ranges may not fully reflect uncertainty in macroeconomic conditions, currency rates, energy and raw material costs, supply‑chain disruptions, labor challenges, changes in immigration policy, or success in global profitability improvement initiatives, among other factors.

Conference Call Scheduled for February 11, 2026

O-I CEO Gordon Hardie and CFO John Haudrich will conduct a conference call to discuss the company’s latest results on Wednesday, February 11, 2026, at 8:00 a.m. ET. A live webcast of the conference call, including presentation materials, will be available on the O-I website, www.o-i.com/investors, in the News and Events section. A replay of the call will be available on the website for a year following the event.

Contact: Sasha Sekpeh, 567-336-5128 – O-I Investor Relations

O-I news releases are available on the O-I website atwww.o-i.com.

O-I’s first quarter 2025 earnings conference call is currently scheduled for Wednesday, April 29, 2026, at 8:00 a.m. ET.

About 91Ƶ

At 91Ƶ, Inc. (NYSE: OI), we love glass and we’re proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not only beautiful, it’s also pure and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 64 plants in 18 countries, O-I achieved net sales of $6.4 billion in 2025. Learn more about us:o-i.com / / / /

Non-GAAP Financial Measures

The company uses certain non-GAAP financial measures, which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP, within the meaning of applicable SEC rules. Management believes that its presentation and use of certain non-GAAP financial measures, including adjusted earnings, adjusted earnings per share, free cash flow, segment operating profit, segment operating profit margin, EBITDA, adjusted EBITDA, net debt, net debt leverage and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors, as well as by management in assessing both consolidated and business unit performance. These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures.

Adjusted earnings relates to net earnings (loss) attributable to the company,exclusive of items management considers not representative of ongoing operations and other adjustments because such items are not reflective of the company’s principal business activity, which is glass container production. Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share. Segment operating profit relates to earnings (loss) before interest expense, net, and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs and other adjustments. Segment operating profit margin is calculated as segment operating profit divided by segment net sales. EBITDA refers to net earnings, excluding gains or losses from discontinued operations, interest expense, net, provision for income taxes, depreciation and amortization of intangibles. Adjusted EBITDA refers to EBITDA, exclusive ofitems management considers not representative of ongoingoperations and other adjustments. Net debt leverage refers to total debt less cashdivided by Adjusted EBITDA.Adjusted effective tax rate relates to provision for income taxes, exclusive of items management considers not representative of ongoing operations and other adjustments divided by earnings (loss) before income taxes, exclusive of items management considers not representative of ongoing operations and other adjustments. Management uses adjusted earnings, adjusted earnings per share, segment operating profit, segment operating profit margin, and adjusted effective tax rate to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations. The above non-GAAP financial measures may be useful to investors in evaluating the underlying operating performance of the company’s business as these measures eliminate items that are not reflective of its principal business activity.

Net debt is defined as total debt less cash. Management uses net debt to analyze the liquidity of the company.

Further, free cash flow relates to cash provided by operating activities less cash payments for property, plant, and equipment. Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes these have provided useful supplemental measures related to its principal business activity. It should not be inferred that the entire free cash flow amount is available for discretionary expenditures, since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from these measures. Management uses non-GAAP information principally for internal reporting, forecasting, budgeting and calculating compensation payments.

The company routinely posts important information on its website – www.o-i.com/investors.

Forward-Looking Statements

This press release contains “forward-looking” statements related to 91Ƶ, Inc. (“91Ƶ” or the “company”) within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements reflect the company’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words “believe,” “expect,” “anticipate,” “will,” “could,” “would,” “should,” “may,” “plan,” “estimate,” “intend,” “predict,” “potential,” “continue,” “commit,” and the negatives of these words and other similar expressions generally identify forward-looking statements.

It is possible that the company’s future financial performance may differ from expectations due to a variety of factors including, but not limited to the following: (1) the company’s ability to achieve expected benefits from cost management, efficiency improvements, and profitability initiatives, such as its Fit to Win initiative, including expected impacts from production curtailments, reduction in force and furnace closures, (2) the general credit, financial, political, economic, legal and competitive conditions in markets and countries where the company has operations, including uncertainties related to economic and social conditions, trade policies and disputes, financial market conditions, disruptions in the supply chain, competitive pricing pressures, inflation or deflation, changes in tax rates, changes in laws or policies, legal proceedings involving the company, war, civil disturbance or acts of terrorism, natural disasters, public health issues and weather, (3) cost and availability of raw materials, labor, energy and transportation (including impacts related to the current Ukraine-Russia and Israel-Hamas conflicts and disruptions in supply of raw materials caused by transportation delays), (4) competitive pressures from other glass container producers and alternative forms of packaging or consolidation among competitors and customers, (5) changes in consumer preferences or customer inventory management practices, (6) the continuing consolidation of the company’s customer base, (7) risks related to the development, deployment and use of artificial intelligence technologies, (8) the company’s inability to improve glass melting technology in a cost-effective manner and introduce productivity, process and network optimization actions, (9) unanticipated supply chain and operational disruptions, including higher capital spending, (10) seasonality of customer demand, (11) the failure of the company’s joint venture partners to meet their obligations or commit additional capital to the joint venture, (12) labor shortages, labor cost increases or strikes, (13) the company’s ability to acquire or divest businesses, acquire and expand plants, integrate operations of acquired businesses and achieve expected benefits from acquisitions, divestitures or expansions, (14) the company’s ability to generate sufficient future cash flows to ensure the company’s goodwill is not impaired, (15) any increases in the underfunded status of the company’s pension plans, (16) any failure or disruption of the company’s information technology, or those of third parties on which the company relies, or any cybersecurity or data privacy incidents affecting the company or its third-party service providers, (17) risks related to the company’s indebtedness or changes in capital availability or cost, including interest rate fluctuations and the ability of the company to generate cash to service indebtedness and refinance debt on favorable terms, (18) risks associated with operating in foreign countries, (19) foreign currency fluctuations relative to the U.S. dollar, (20) changes in tax laws or global trade policies, (21) the company’s ability to comply with various environmental legal requirements, (22) risks related to recycling and recycled content laws and regulations, (23) risks related to climate-change and air emissions, including related laws or regulations and increased ESG scrutiny and changing expectations from stakeholders, and the other risk factors discussed in the company’s filings with the Securities and Exchange Commission.

It is not possible to foresee or identify all such factors. Any forward-looking statements in this document are based on certain assumptions and analyses made by the company in light of its experience and perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations. While the company continually reviews trends and uncertainties affecting the company’s results of operations and financial condition, the company does not assume any obligation to update or supplement any particular forward-looking statements contained in this document.

Attachments

For more information, contact:
Chris Manuel, Vice President of Investor Relations
567-336-2600
Chris.Manuel@o-i.com
The post 91Ƶ Reports Full Year and Fourth Quarter 2025 Results appeared first on O-I.]]>
91Ƶ4Good at O-I Reaches New 91Ƶ Recycling & Giving Milestones in 2025 /news/glass4good-at-o-i-reaches-new-glass-recycling-giving-milestones-in-2025/ Wed, 28 Jan 2026 13:45:18 +0000 /?p=23393 At O-I we have some great news! 91Ƶ4Good™ programs recycled 24% more glass in 2025 than the previous year, helping make more recycled glass available for manufacturing. And since 2021, through innovative, community-driven programs like 91Ƶ4Good™, O-I has expanded access to glass recycling while creating meaningful local impact, one bottle at a time. Making More […]

The post 91Ƶ4Good at O-I Reaches New 91Ƶ Recycling & Giving Milestones in 2025 appeared first on O-I.]]>
At O-I we have some great news! 91Ƶ4Good™ programs recycled 24% more glass in 2025 than the previous year, helping make more recycled glass available for manufacturing.

And since 2021, through innovative, community-driven programs like 91Ƶ4Good™, O-I has expanded access to glass recycling while creating meaningful local impact, one bottle at a time.

Making More Recycled 91Ƶ Available

Across five 91Ƶ4Good™ communities, including James City County in Virginia, Danville, Virginia, Warren County, Kentucky, Greeley, Colorado, and Jefferson County, Pennsylvania, residents recycled 392 metric tons of glass in 2025. That recycled material was processed into clean cullet and delivered to O-I facilities to be made into new glass bottles and jars.

24% increase in glass recycled in 2025 vs. 2024 and $100,000+ donated to local causes since 2021
O-I’s 91Ƶ4Good program saw a 24% increase in glass recycled in 2025 vs. 2024.

To put it in perspective, this amount of cullet equates to 922K wine bottles recycled, 16 homes where energy use is saved in terms of CO2 emissions (for one year), and 134K KG CO2 saved overall.*

Using recycled glass not only conserves natural resources but also reduces energy use and emissions during manufacturing.

Increased Funding for Local Organizations from Recycling Efforts

91Ƶ4Good™ goes beyond environmental impact by directly supporting the communities where O-I operates.

The program incentivizes glass recycling through charitable donations based on the weight of glass collected each quarter. The more glass collected, the more O-I donates to local organizations, supporting critical missions.

With fourth-quarter 2025 donations, 91Ƶ4Good™ officially surpassed a major milestone, raising more than $100,000 ($104,571, to be exact) for local causes since the program’s inception in 2021.

The program has created $100,000+ in charitable donations to local causes since 2021.
The 91Ƶ4Good recycling program has created $100,000+ in charitable donations to local causes since 2021.

These funds support initiatives such as education programs and efforts to address homelessness, reinforcing the connection between everyday recycling actions and meaningful community outcomes.

Providing 91Ƶ Recycling Access Through Partnership

One of the biggest challenges in increasing recycled content in our glass containers is the availability of recycled glass. Not all communities have the infrastructure or systems in place to collect glass efficiently.

91Ƶ4Good™ addresses this challenge by working closely with municipalities, nonprofit partners, and suppliers to build practical recycling solutions near O-I plants. By placing convenient collection sites within communities where O-I facilities already exist and by investing in partnerships, the program helps divert glass from landfills and return it to the manufacturing stream, making recycling easier.

“Check out the community partnership at Brockway-Crenshaw in Jefferson County, Pennsylvania.”

This collaborative approach supports O-I’s broader aspiration to increase the global average recycled content in its packaging to 60% by 2030.

A Growing 91Ƶ Recycling Program with Lasting Impact

The growth of 91Ƶ4Good’s collection efforts in these communities creates an even greater ripple effect—strengthening environmental, social, and economic impact.

More recycled glass strengthens the circular economy, and more donations strengthen local communities. Stronger partnerships help remove barriers to glass recycling across the US.

Each bottle recycled through 91Ƶ4Good™ represents more than sustainability progress. It represents a shared commitment between O-I and its communities to build a more resilient, responsible future, together.

*These values are approximations based off standard bottle sizes, internal batch calculations, and US EPA emissions data and may not be reflective of actual use.

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Dry January Isn’t Just a Moment: How Non-Alcoholic & Low-Alcohol Beverage Brands Win with Elevated Experiences /news/dry-january-isnt-just-a-moment-how-non-alcoholic-low-alcohol-beverage-brands-win-with-elevated-experiences/ Tue, 20 Jan 2026 16:05:41 +0000 /?p=23362 As we head into another Dry January, it’s clear this moment is no longer just about a New Year’s reset. Dry January, alongside the broader sober-curious and low/zero-proof movement, reflects a deeper shift in how consumers think about alcohol, health, and social occasions. What began as a January ritual has evolved into a year-round mindset. […]

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As we head into another Dry January, it’s clear this moment is no longer just about a New Year’s reset.

Dry January, alongside the broader sober-curious and low/zero-proof movement, reflects a deeper shift in how consumers think about alcohol, health, and social occasions. What began as a January ritual has evolved into a year-round mindset.

For beverage brands, that shift demands rethinking. Not only in product formulation, but across category strategy, format, and also … packaging.

At O-I, we see glass packaging offering a powerful edge as expectations rise. In non-alcoholic and low-alcohol (No-Lo) beverages, success depends on more than volume alone. It hinges on delivering an elevated experience, reinforcing consistent brand cues, and building trust, especially in moments where alcohol is absent.

Dry January Is Fueling a Year-Round Shift Toward Non-Alcoholic & Low-Alcohol Beverages

said they planned to drink less alcohol in 2025, a 44% increase compared to 2023, underscoring how the sober-curious movement now extends beyond a single month.

Demand for non-alcoholic beverage options continues to rise accordingly.

Globally, the is projected to grow at a compound annual growth rate (CAGR) of approximately 8% through 2032. The broader non-alcoholic beverages market is expanding even faster, driven by health-conscious, wellness-oriented consumers.

The message is clear: No-Lo alcohol is no longer a niche. But it’s a competitive, fast-growing space attracting beverage brands across beer, wine, spirits, RTD, and beyond. And each of them brings their own heritage, expectations, and challenges.

Why Beer, Wine, and Spirits Brands are Entering the Non-Alcohol or Low-Alcohol Market

Because the non-alcohol and low-alcohol beverage opportunity is broad and dynamic, brands are entering the space from very different starting points.

Traditional beer brands may introduce 0.0 variants of flagship or craft offerings. Wine and spirits brands often expand into non-alcoholic alternatives or acquire established No-Lo players. RTD and NAB brands increasingly evolve into “adult soft drink” or functional beverage formats, competing on taste, lifestyle, and wellness attributes, not simply alcohol content.

Beer-Wine-Spirits-With-Low-and-Non-Alcoholic-Beverage-Options

Brands such as Heineken, JNPR Spirits, and Le Petit Chavin are already active in this non-alcoholic and low-alcoholic beverage drink space.

However, with different category legacies come different consumer expectations, whether those relate to flavor authenticity, premium cues, wellness benefits, or convenience. There is no one-size-fits-all playbook.

The opportunity belongs to brands that deliver elevated moments with approachability. And many are craving these experiences that feel indulgent and social, without feeling like a compromise.

It’s in these scenarios that packaging becomes a decisive factor. It shapes perception, signals intent, and communicates the product’s promise,often before the first sip.

91Ƶ Packaging: A Premium Signal for Non-Alcoholic and Low-Alcoholic Beverages

When consumers choose a zero-proof beverage, many are looking for more than “just water.” They want something that feels adult, intentional, and aligned with moderation or wellness goals.

91Ƶ packaging meets that expectation.

Purity and Safety in Non-Alcoholic & Low-Alcoholic Beverage Packaging

91Ƶ is non-porous, impermeable, and non-toxic. It doesn’t leach chemicals, interact with contents, or alter taste and aroma, making it a trusted healthy packaging choice for wellness-conscious consumers.

Premium Sensory Experience with 91Ƶ Packaging

91Ƶ delivers a multisensory experience—clarity, weight, sound, and texture—that contributes to perceived quality. For No-Lo drinks, these cues help bridge the gap between “alcohol-free” and “adult beverage,” reinforcing premium positioning and occasion-worthiness.

Sparkling water brands in glass bottles

Sustainable Packaging and Recyclability with 91Ƶ

As sustainability becomes more influential in purchase decisions, glass packaging stands out. It is endlessly recyclable, giving it a sustainable packaging advantage, without loss of quality.

In a of more than 4,000 consumers across 13 European countries, the majority said they would buy more products packaged in glass than any other material, highlighting both environmental credibility and consumer preference.

Brand Consistency and Packaging Flexibility for Non-Alcohol or Low-Alcohol Beverage Portfolios

For brands extending existing alcoholic portfolios into No-Lo, glass supports continuity in shape, labeling, design, and overall brand recognition.

For newer No-Lo, RTD, or functional beverage brands, glass offers flexibility, supporting premium, craft, or wellness positioning depending on design choices.

And in a space dominated by PET and cans, glass also brings differentiation and novelty.

In all cases, glass is not simply a sustainable or nostalgic option. It is a strategic packaging solution aligned with what today’s No-Lo consumers expect (and what brand managers need) for 2026 and beyond.

What Winning No-Lo Brands Should Get Right: Three Focus Areas

1. Position Around Experience, Not Just “Alcohol-Free”

Successful No-Lo brands avoid framing products as “water with flavor.” Instead, they highlight experiences that evoke emotion, such as elevated mocktails after work, crafted zero-proof cocktails at dinner, or a sophisticated non-alcoholic beer shared socially. does this well, bringing the experience of Corona to sports and athletes through a non-alcoholic variant – that is offered in the same flint bottle for the same elevated experience.

Packaging plays a central role. And with intentional design, glass can signal choice and quality, making it clear this is not a compromise, but a considered alternative.

2. Maintain Premium Signal While Meeting Value Expectations

With growth in No-Lo, there will be segments across price points. Some consumers will seek premium, craft-style products; others might favor value and accessibility. 91Ƶ packaging, especially with design variations like tinted glass, lightweight bottles, or resealable formats, offers a wide design palette to serve both ends of the spectrum.

And just look at Varska on page 100 of our Design Book 3 to see the essence of refinement and simple luxury.

3. Align Packaging With Sustainability Values Without Sacrificing Quality

For many No-Lo consumers, health and environmental consciousness go hand in hand. Using glass packaging supports those values credibly — 100% recyclability and reusability (up to 30 cycles). And brands can leverage these glass benefits to build a sustainable positioning with consumers. Check out this example from , promoting taste, sustainability and a more affordable option!

What This Means for O-I and Beverage Brand Managers

If you’re a beverage brand manager looking to enter, or expand, in the non-alcohol or low-alcohol space in 2026 and beyond, several priorities stand out:

  • Treat No-Lo as a long-term opportunity, not a seasonal or niche trend. The data has spoken. And consumer behavior has shifted well beyond January.
  • Use packaging strategically. 91Ƶ is a powerful tool to convey quality, trust, and premium positioning even (or especially) when the product is alcohol-free.
  • Design with purpose and flexibility. Whether launching a premium sparkling water, functional beverage, or a non-alcoholic beer, you can leverage glass design options to align with experience, value, and lifestyle expectations.
  • Maintain brand consistency across portfolios, whether extending established alcoholic brands or building a distinct No-Lo identity.

At O-I, we partner with brands navigating this evolving landscape, from designing sleek bottles for sparkling water to developing refillable glass solutions or lightweight packaging that meets sustainability goals.

With our work across all beverage categories, we have unique insights to support non-alcohol and low-alcohol innovation—today and beyond. Contact us to learn more.

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91Ƶ Announces Full Year and Fourth Quarter 2025 Earnings Conference Call and Webcast /news/o-i-glass-announces-full-year-and-fourth-quarter-2025-earnings-conference-call-and-webcast/ Tue, 13 Jan 2026 21:54:30 +0000 https://investors.o-i.com/news/news-details/2026/O-I-91Ƶ-Announces-Full-Year-and-Fourth-Quarter-2025-Earnings-Conference-Call-and-Webcast/default.aspx PERRYSBURG, Ohio, Jan. 13, 2026 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2025 conference call and webcast for Wednesday, February 11, 2026, at 8 a.m. EST. The Company’s news release for the full year and fourth quarter 2025 earnings will be issued after the market closes […]

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PERRYSBURG, Ohio, Jan. 13, 2026 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2025 conference call and webcast for Wednesday, February 11, 2026, at 8 a.m. EST. The Company’s news release for the full year and fourth quarter 2025 earnings will be issued after the market closes on Tuesday, February 10.

What: O-I Conference Call and Webcast
Earnings presentation materials will also be posted on the O-I website,www.o-i.com/investors, when the earnings news release is issued.

When: Wednesday, February 11, 2026, at 8 a.m. EST

Where: or at www.o-i.com/investors, Events and Presentations page

The webcast will be archived at www.o-i.com/investors until February 2027.

ABOUT O-I GLASS

At 91Ƶ, Inc. (NYSE: OI), we love glass, and we are proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 21,000 people across 69 plants in 19 countries, O-I achieved revenues of $6.5 billion in 2024. Learn more about us:  /  / / /

Contact:

SASHA SEKPEH
Investor Relations Coordinator
alexandra.sekpeh@o-i.com
567.336.5128

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91Ƶ to Present at Citi’s 2025 Basic Materials Conference /news/o-i-glass-to-present-at-citis-2025-basic-materials-conference/ Tue, 25 Nov 2025 20:30:27 +0000 https://investors.o-i.com/news/news-details/2025/O-I-91Ƶ-to-Present-at-Citis-2025-Basic-Materials-Conference/default.aspx PERRYSBURG, Ohio, Nov. 25, 2025 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (“91Ƶ” or “O-I”) today announced the Company will participate in Citi’s 2025 Basic Materials Conference on Wednesday, December 3, 2025. 91Ƶ Chief Executive Officer Gordon Hardie and Chief Financial Officer John Haudrich will present at 11:30 a.m. ET. A live webcast of […]

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PERRYSBURG, Ohio, Nov. 25, 2025 (GLOBE NEWSWIRE) — 91Ƶ, Inc. (“91Ƶ” or “O-I”) today announced the Company will participate in Citi’s 2025 Basic Materials Conference on Wednesday, December 3, 2025.

91Ƶ Chief Executive Officer Gordon Hardie and Chief Financial Officer John Haudrich will present at 11:30 a.m. ET.

A live webcast of the presentation will be available at or can be accessed on the Company’s Investor Relations website,www.o-i.com/investors.

The replay will be available through the above link within 24 hours of the presentation and will be archived for 90 days following the completion of the conference.

ABOUT O-I GLASS

At 91Ƶ, Inc. (NYSE: OI), we love glass, and we are proud to be one of the leading producers of glass bottles and jars around the globe. 91Ƶ is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 21,000 people across 69 plants in 19 countries, O-I achieved revenues of $6.5 billion in 2024. Learn more about us:  /  / / /

contact:
SASHA SEKPEH
Sr. Finance Coordinator
Alexandra.Sekpeh@o-i.com
567.336.5128

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Is Beer Better in 91Ƶ or Cans? Here’s What You Need to Know /news/is-beer-better-in-glass-or-cans-heres-what-you-need-to-know/ Wed, 19 Nov 2025 18:00:22 +0000 /?p=23070 Editor’s Note: This article was originally provided by Friends of 91Ƶ If you’ve ever wandered down the alcohol aisle in the grocery store, you’ve likely noticed the endless variety of beer brands, flavors, and of course, packaging. From pilsners and ales, to bottles and cans, beer comes in every color and size. At some point, […]

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Editor’s Note: This article was originally provided by

If you’ve ever wandered down the alcohol aisle in the grocery store, you’ve likely noticed the endless variety of beer brands, flavors, and of course, packaging. From pilsners and ales, to bottles and cans, beer comes in every color and size. At some point, you’ve probably asked yourself: what difference does it make if a beer comes in a glass bottle or can?

The truth is, it does make a difference – a big one. Beer’s flavour begins to change the moment it’s packaged, whether that’s in a bottle or can, meaning the journey that each one takes from brewery to buff can have a major impact on the tasting experience. Since most of us can’t drink beer straight from the source (or rather the tank), packaging is essential — not only for transport, but also to protect your brew’s flavour and quality. So, the end goal of storing beer in bottles and cans? Ensuring that we get to experience the brew as closely as possible to how its creators intended.

In this article, we’ll explore everything you need to know about beer packaging and tackle the eternal dilemma of beer in bottles vs. cans.

The History of Beer: from Ancient Brews to Modern Flavors

Beer is one of the oldest drinks that humans have produced, and its story goes way back to Ancient China. Research shows that during the Xia Dynasty (2070-1600 BCE), people made beer at a small scale using grains like millet and barley — mostly for use in religious rituals and medical practices.

A more recent discovery, dating back to 7000 BCE, found traces of a specific beer type made from rice, fungi and a plant part called a “tuber.” Scientists believed this was part of a burial ceremony, given the abnormally lengthy brewing process.

But beer wasn’t just used for rituals, it was also a staple beverage for the wealthiest members of Ancient Chinese society, demonstrating their status. Brewed using diverse vessels to adjust its flavour, and served during banquets and feasts, beer was used to display the host’s abundance to everyone attending.

Today, beer making history has seen many changes, and the formula of the drink has been tweaked countless times as people’s tastes have evolved. But one thing remains undeniable: it’s popularity. According to Inside® (2025), the – that’s more than 461 billion cans of beer, or 65,000 Olympic-sized swimming pools (and that doesn’t include independent microbreweries and home brewers).

The First Beer in 91Ƶ

The first instance of beer in glass comes from Ancient Egypt. Back then, beer was brewed in ceramic vessels before being served in intricate, handmade glasses – the predecessor to mass produced beer cans. This ancient tradition of serving beer in glass continued through the centuries.

By the Middle Ages, European artisans began to produce blown glass – a technique in which they blow air into molten glass and shape it (while it’s still hot) into a prototype of the glass bottle that we know today.

The art of glassblowing quickly spread throughout the Middle East and Europe, and with it came new ways of enjoying and serving beer. One example is the “fluted” pint mug – the classic mug we know today. It was designed to prevent the warmth of our hands from heating the brew, as opposed to metal cans which conduct heat easily, to keep it cooler for longer.

Fast forward to today, beer bottles come in all sorts of designs. From different bottle colours to clever shapes and eye-catching labels, each beer comes with a unique experience and packaging – and coming in a can or bottle plays a big part in that.

Beer Bottles vs. Cans: Which is Better?

Taste and quality

When it comes to the taste of beer in bottles vs cans, .

First, glass is naturally leak-proof, meaning a bottle doesn’t need any additional lining to keep your brew fresh and properly sealed. Cans, on the other hand, rely on a special plastic coating, which could leak chemicals into the beer and compromises its flavour – even after pouring.

Some people also notice a ‘tinny’ taste in cans, because of the metallic note of the aluminium. This can subtly affect the flavour of the brew and its aroma, especially as your nose gets close to the can while you’re sipping – which, luckily, doesn’t happen with a glass bottle.

Compared to cans, the thickness of glass also does a better job at protecting your beer from oxygenation and developing a stale or cardboard-like taste.

91Ƶ beer bottles toasting

Storage

One of beer’s worst enemies is sunlight, and this plays a big role in how it should be stored. When a bottle of beer is exposed to too much light, the hop compounds can break down and react with the proteins – resulting in that unpleasant “skunky” flavour.

While the colour of a can has no bearing on the flavour of the beer inside, the . Basically, the specific color of the glass bottle determines how much sunlight reaches the drink. Colored glass (brown or green) is the best for filtering UV rays, whereas clear bottles offer less protection. Amber bottles can block up to 99.9% of UV rays, which is why they’re one of the most popular choices for protecting your brew.

While cans can also shield beer from sunlight, bottles have the upper hand when it comes to long-term storage and preventing oxidation. When sealed properly and stored under the right conditions, glass bottles form a natural barrier that stops oxygen from interacting with your beer, which can make it go stale. On the flip side, beer cans tend to oxidise when they’re stored upside down, shaken around too much, or stored in places that are too warm.

Durability

Thanks to their chemical composition and physical properties, glass bottles are durable and much more resistant to dents and punctures than beer cans. This means that a glass bottle keeps its shape better during transport and handling, and is less susceptible to surface damage, when compared to a can.

At the end of the day, surface damage can affect functionality, compromise the aesthetic of cans and, in extreme cases, weaken the seal or coating inside.

Environment and Circularity

One of the main qualities of glass, compared to other materials, is that it can be safely recycled and reused.

91Ƶ containers can be remelted into new products endlessly, without losing their quality in the process. This makes recycled glass a key ingredient in producing new containers — saving energy and other natural resources.

A key difference between bottles and cans also lies in their composition. Unlike cans, bottles don’t require any additional plastic linings, meaning they don’t release harmful chemicals into the environment, nor do they break down into small particles that could affect your drink.

Aesthetics

What’s the first thing that comes to mind when you think of your favourite beer? The taste? The aroma? While those are important, more often than not, it’s the packaging that sticks in your mind. And chances are, you picture a bottle before a can.

Much of this comes down to style and aesthetics. That’s why many beer lovers also enjoy collecting bottles, thanks to their eye-catching designs and labels. This visual appeal is hard to match in cans, especially because they don’t hold their shape as well as bottles.

So, whether you’re deciding on your drink of choice for a dinner party or picking up a gift for your nearest and dearest, glass an an elevated aesthetic which makes it the perfect choice for any occasion.

The Beer Drinking Experience

Beyond the question of beer taste in bottles vs. cans, glass is the go-to for anyone looking for a .

Bottles are worlds apart from cans when it comes to mouthfeel, particularly the traditional glass-to-lips experience. Imagine you are grabbing a beer from the fridge, popping the cap off and listening to the foam fizz through the neck before toasting your friend with a customary ‘clink’ – it’s a classic that can’t be recreated with a can.

Also, it’s important to remember that most of what we taste comes from what we smell. With cans, the scent of the metal can get in the way and distract you from the beer’s true flavour. 91Ƶ, on the other hand, is completely neutral, so drinking beer from a bottle lets you fully savour the aroma of the brew.

Hands toast with glass beer bottles

Historical Value

Humans have been brewing and packaging beer for thousands of years. Over time, the designs of bottles have become more than just containers – they’ve turned into collectibles. They reflect unique cultures and traditions, which are now part of our common heritage.

From the brightly coloured enamelling of the Islamic Golden Age to the filigree ornaments of the Renaissance, each bottle tells a story – not just of the beer, but of the people who made it. Cans, on the other hand, don’t make great keepsakes – because they get dented and scratched over time, ruining their design.

Beer buffs around the world collect antique bottles as a way to celebrate the heritage of beermaking and keep a piece of its remarkable history for themselves. Many enthusiasts also enjoy rifling through antique stores, estate sales, auctions and online marketplaces to find the most niche beer bottles.

What about Plastic: Why Doesn’t Beer Come in Plastic Bottles?

The main reason beer is packaged in cans and bottles, rather than plastic, is due to carbonation. Beer loses its fizz faster in plastic, because the carbon dioxide (the bubbles we all love) can escape more easily than it would from bottles or cans.

Another reason why beer doesn’t come in plastic bottles is safety. Plastic packaging has been shown to release chemicals into drinks, especially when they’re stored in warm conditions, as heat speeds up the breakdown of plastic. This allows tiny particles to leach into beers and other drinks — and some of these microplastics have been found in the human body.

Final Thoughts: Is One Really Better Than the Other?

As you’ve seen, packaging beer in bottles or cans makes a big difference in how it tastes. But, with glass, you don’t need to worry – because it protects your drink from sunlight, reduces oxygenation and makes sure that it keeps that lovely fizz until it reaches you.

As glass doesn’t need any plastic lining, it doesn’t interact with your beer, nor does it give you that ‘tinny’ aftertaste that cans often do. Beyond taste, drinking beer from the bottle is also a classic aesthetic experience that can’t be replaced by a can – from the satisfying ‘pop’ of the cap to the quiet fizzing of the foam as it tips down the neck, not forgetting the customary ‘clink’ of a cheers with a loved one.

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