O-I - First Quarter Results Surpass Expectations

O-I has reported financial results for Q1, ending 31 March 2016. Commenting on the company's first quarter results, CEO Andres Lopez said: "We delivered solid improvement in our financials this quarter thanks to the hard and disciplined work of our teams that are focused on stabilizing and improving our operational performance. The momentum we are building gives us confidence that our strategy - designed to generate significant, long-term value across the company - is taking hold. In fact, our expectations for strong business performance plus the recent dollar weakening have favourably impacted our full year guidance for both adjusted earnings per share and free cash flow generation. We will continue our focus on execution to achieve our financial commitments." To read the results in full, please visit: www.o-i.com/Newsroom/O-I-REPORTS-FIRST-QUARTER-2016-RESULTS;-Operations-...

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Journal Title
Gmpa 4/2016 16-17
Sector
News Items
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N 3620

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O-I - First Quarter Results Surpass Expectations
Gmpa 4/2016 16-17
N 3620
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