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Improving operations on stable volumes plus acquisition benefits drive strong free cash flow generation.
February 10, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Owens-Illinois, Inc. (O-I) reported financial results for the full year and fourth quarter ending Dec. 31, 2015. For full year 2015, the company recorded a loss from continuing operations of $0.44 per share (diluted). Excluding certain items management considers not representative of ongoing operations, adjusted earnings were $2.00 per share, in line with management guidance. These results compared with $2.07 per share in 2014 on a constant currency basis. The Company’s charge in 2015 for as...
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