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Continued strong financial performance driven by volume growth and focus on cost improvement.
April 26, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Owens-Illinois, Inc. reported financial results for the first quarter ended March 31, 2017. For the first quarter, the company recorded earnings from continuing operations of $0.30 per share (diluted), compared with $0.42 per share in 2016. Improved segment operating profit was offset by higher charges primarily related to restructuring and bond redemption fees. Excluding certain items management considers not representative of ongoing operations, adjusted earnings were $0.58 per share. ...
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