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Adjusted free cash flow for 2019 was $133 million, which exceeded the company’s expectation of approximately $100 million.
February 7, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
O-I Glass, Inc. reported financial results for the full year and fourth quarter ended Dec. 31, 2019. “O-I’s 2019 earnings were in line with our most recent guidance and cash flows exceeded expectations. We made significant progress during the second half of the year, ending on a positive note despite a very challenging start to 2019,” said Andres Lopez, CEO. “As we enter 2020, we are taking bold structural actions to improve O-I’s business fundamentals,” added Lopez. “We are optimizing the com...
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