Owens-Illinois has recorded a 22% increase in net sales for the third quarter of 1997 to $1.24bn, against $1.01bn for the same period in 1996. Third quarter earnings per share before extraordinary items rose by 27% to $91.8m, from $62m in the third quarter of 1996, as a result of acquisitions such as Italian glassmaker Avir in February 1997 and improved operating performance in Venezuela and Brazil compared with the previous year.
Origin
Unknown
Journal Title
Glass Int December 1997 5
Sector
News Items
Class
N 277