O-I Glass unveils strategic initiatives, raises Fit To Win savings target to $650M by 2027

O-I Glass, Inc. /DE/

Increased Fit To Win cost-savings target to at least $650 million by 2027.
Reaffirms 2025 guidance: Adjusted EPS $1.20-$1.50, Free Cash Flow $150-$200 million.
Reaffirms 2027 targets: Adj. EBITDA ≥$1.45B, FCF >5% of sales, Economic Spread ≥2%.
Introduces preliminary 2029 objectives based on Profitable Growth and Strategic Optionality.
Three-horizon plan: cost reduction, profitable growth, geographic expansion and capital returns.

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