secwatch.observer — SEC 8-K summary
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Issuer:     O-I Glass, Inc. /DE/ (OI)
CIK:        0000812074
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001104659-25-009139
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

O-I Glass FY 2024 adj EPS $0.81 beats guidance; 2025 outlook $1.20-$1.50
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- FY 2024 revenue $6.5B, down 8% YoY; segment operating profit $748M vs $1.193B in 2023.
- Reported net loss per share $0.69; adjusted EPS $0.81 vs guidance of $0.70-$0.80.
- Free cash flow use $128M, better than $130-$170M guidance range.
- 2025 guidance: adjusted EPS $1.20-$1.50; free cash flow source $150-$200M.
- Fit To Win initiative expected to deliver $175-$200M in cost savings in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812074/000110465925009139/0001104659-25-009139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812074/000110465925009139/tm255439d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-009139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer