Every material Form 8-K O-I Glass has filed with the SEC since December 17, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
O-I Glass reported third-quarter 2026 net sales of $1.6 billion, down 2 percent, and a net loss of $13 million, or $0.08 per share, compared with net earnings of $30 million, or $0.19 per share, a year earlier. The company lowered its 2026 adjusted EBITDA outlook to $925 million to $950 million from $1.0 billion to $1.1 billion, citing energy and freight inflation, soft demand and a slower European recovery, and said it is starting a process on the proposed permanent closure of a European plant.
Q3 2026 net sales were $1.623 billion versus $1.653 billion; net loss attributable to the company was $13 million versus net income of $30 million in Q3 2025.
Adjusted EBITDA was $234 million versus $329 million; Europe segment operating profit fell to $2 million from $95 million.
2026 adjusted EBITDA guidance is $925 million to $950 million, down from $1.0 billion to $1.1 billion; free cash flow use is expected to be about $300 million.
The company expects $100 million to $120 million in charges in Q4 2026 related to the proposed closure of a European production facility.
O-I Glass disclosed that Emmanuelle Guérin no longer serves as Senior Vice President, Business Operations Europe, effective immediately, following an organizational change on July 8, 2026. She remains an employee on garden leave with salary and benefits through September 30, 2026, when her employment ends, and she is eligible for severance under the company's executive severance policy.
Role ended effective immediately after a July 8, 2026 organizational change
Guérin remains on garden leave with salary and benefits through September 30, 2026
Her employment terminates September 30, 2026; severance eligibility follows the Amended and Restated Executive Severance Policy
On May 18, 2026, Owens-Brockway Glass Container Inc., an indirect wholly owned subsidiary of O-I Glass, completed a private offering of $500 million in 9.500% Senior Notes due 2033. The notes are guaranteed by Owens-Illinois Group and certain of its U.S. subsidiaries, and the company is adding this debt to its obligations. Shareholders may want to note the new borrowing and its fixed 9.500% interest rate, as the filing does not describe how the proceeds will be used.
Principal amount: $500 million of 9.500% Senior Notes due 2033, sold under Rule 144A and Regulation S
Issuer: Owens-Brockway Glass Container Inc., an indirect wholly owned subsidiary of O-I Glass, Inc.
Guarantors include Owens-Illinois Group, Inc. and certain U.S. subsidiaries that guarantee its credit agreement
Indenture dated May 18, 2026, with Regions Bank as trustee, filed as Exhibit 4.1
O-I Glass reported first-quarter 2026 net sales of $1.54 billion, down from $1.57 billion a year earlier, and a net loss attributable to the company of $73 million ($0.48 per share), compared with a loss of $16 million ($0.10 per share) in the prior-year quarter. The company cut its full-year 2026 adjusted EPS guidance to $1.00–$1.50 from $1.65–$1.90, mainly because of higher energy costs and weaker European pricing, which lowers expected earnings for shareholders.
Q1 2026 adjusted EPS was $0.05, down from $0.40 in Q1 2025; Europe segment profit was $0 versus $68 million a year earlier.
Americas segment operating profit was $142 million, roughly flat with $141 million in the prior-year quarter.
2026 adjusted EPS guidance revised to $1.00–$1.50 from $1.65–$1.90; adjusted EBITDA guidance revised to $1,125–$1,225 million from $1,250–$1,300 million.
The company estimates energy-related inflation could reduce 2026 earnings by about $0.40–$0.50 per share versus prior plans.
O-I Glass disclosed that Arnaud Aujouannet will no longer serve as Senior Vice President and Chief Sales and Marketing Officer, effective March 4, 2026, following an organizational change. He remains on paid garden leave until his employment ends on June 30, 2026, and he is eligible for severance under the company's executive severance policy.
Arnaud Aujouannet's role as Senior Vice President and Chief Sales and Marketing Officer ended March 4, 2026
Mr. Aujouannet stays on paid garden leave, with salary and benefits continuing through June 30, 2026
His employment terminates June 30, 2026, and he may receive severance under the Amended and Restated Executive Severance Policy
O-I Glass reported full-year 2025 net sales of $6.4 billion, down from $6.5 billion, and a net loss attributable to the company of $0.84 per share, compared with a $0.69 loss in 2024, mainly due to restructuring-related items. Adjusted earnings rose to $1.60 per share from $0.81, and the company guided to 2026 adjusted EPS of $1.65 to $1.90 and adjusted EBITDA of $1.25 billion to $1.30 billion. For shareholders, the reported loss widened while the company expects higher adjusted earnings and free cash flow in 2026.
Net sales were $6.4 billion in 2025 versus $6.5 billion in 2024; loss before income taxes was $49 million versus earnings of $38 million.
Adjusted EPS was $1.60 in 2025 versus $0.81 in 2024; free cash flow was $168 million versus a $128 million use of cash.
2026 guidance: adjusted EBITDA of $1.25 billion to $1.30 billion, adjusted EPS of $1.65 to $1.90, and free cash flow of about $200 million.
Cumulative three-year Fit To Win benefit target raised to at least $750 million; 2025 benefits were $300 million.
O-I Glass accepted the resignation of director Eric J. Foss, effective immediately, on November 7, 2025. The company said he resigned under its corporate governance guidelines because his job responsibilities changed significantly when he became Chairman and Chief Executive Officer of Primo Brands Corporation, and that the resignation was not due to any disagreement over company operations, policies or practices.
Eric J. Foss resigned as a director, effective immediately.
Board accepted the resignation on November 7, 2025.
Resignation was tied to his appointment as Chairman and CEO of Primo Brands Corporation, not a disagreement with the company.
O-I Glass reported third-quarter 2025 net earnings attributable to the company of $0.19 per diluted share, compared with a loss of $0.52 a year earlier, on net sales of $1.7 billion (flat year over year). The company raised its full-year 2025 adjusted earnings per share guidance to $1.55 to $1.65 from $1.30 to $1.55, while its free cash flow guidance of $150 million to $200 million was unchanged because of higher restructuring costs.
Q3 net sales were $1,653 million versus $1,679 million in the prior-year quarter; earnings before income taxes were $58 million versus a loss of $57 million.
Segment operating profit rose to $235 million from $144 million, with margins up 570 basis points, driven mainly by lower operating costs.
Adjusted EPS was $0.48 versus an adjusted loss of $0.04; full-year 2025 adjusted EPS guidance was raised to $1.55 to $1.65.
Full-year 2025 free cash flow guidance remains $150 million to $200 million, including about $150 million in cash restructuring costs.
On September 30, 2025, a subsidiary of O-I Glass entered into a new credit agreement that fully refinances its prior 2022 facility, providing up to $2.7 billion of term loans and a revolving credit facility. The filing says the proceeds at closing were used to refinance prior debt and pay fees, and it sets out covenants, a secured leverage ratio test, and interest margins tied to leverage.
Up to $2.7 billion of borrowings under term loans A, term loans B and a revolving credit facility
Term loans A and the revolving facility mature in September 2030; term loans B mature in September 2032
Loans are secured by certain collateral; margins range from 1.00% to 1.75% (Term SOFR) for term loans A and revolver, and 3.00% for term loans B
Covenants restrict liens, investments, restricted payments and asset sales; a secured leverage ratio applies
O-I Glass reported a second-quarter 2025 net loss of $0.03 per diluted share, compared with earnings of $0.36 a year earlier, mostly due to $108 million in restructuring and asset impairment charges tied to halting the MAGMA program. Adjusted EPS rose to $0.53 from $0.44, and the company raised its full-year 2025 adjusted EPS guidance to $1.30 to $1.55 from $1.20 to $1.50.
Q2 2025 net loss attributable to the company of $0.03 per diluted share, versus $0.36 in Q2 2024; adjusted EPS $0.53 versus $0.44
Net sales of $1.7 billion, consistent with the prior year, with shipment volume down about 3 percent
Full-year 2025 adjusted EPS guidance raised to $1.30 to $1.55; free cash flow guidance unchanged at $150 to $200 million
Charges of approximately $45 million expected in Q3 2025 from the planned closure of one Americas plant and suspension of one furnace
At its May 14, 2025 annual meeting, O-I Glass share owners approved the Fifth Amended and Restated 2017 Incentive Award Plan, which adds 9,000,000 shares for a total of 33,600,000 and sets vesting terms for awards upon a change in control. All director nominees were elected, and the advisory vote on executive compensation passed, though with 43,193,456 votes against. Shareholders should note that more shares are now available for awards to employees, consultants and non-employee directors.
The plan adds 9,000,000 shares, bringing the total to 33,600,000 shares that may be issued under it.
Plan approval: 120,622,053 for, 6,619,273 against and 153,419 abstentions.
Advisory vote on named executive officer compensation: 83,910,833 for and 43,193,456 against.
O-I Glass reported a first-quarter 2025 net loss attributable to the company of $16 million, or $0.10 per diluted share, versus net earnings of $72 million, or $0.45 per share, a year earlier. Net sales were $1,567 million, down from $1,593 million, and the company cited $80 million of restructuring and asset impairment charges tied to its Fit To Win program. The company reaffirmed its 2025 adjusted EPS guidance of $1.20 to $1.50 and free cash flow guidance of $150 million to $200 million.
Net loss attributable to the company was $16 million, or $0.10 per diluted share, compared with net earnings of $72 million, or $0.45 per share, in Q1 2024; the results include $80 million of restructuring and asset impairment charges.
Adjusted EPS was $0.40 per diluted share, compared with $0.45 in the prior-year quarter.
Net sales were $1,567 million versus $1,593 million; segment operating profit was $209 million versus $235 million.
2025 guidance was unchanged: adjusted EPS of $1.20 to $1.50 and free cash flow of $150 million to $200 million. A conference call is scheduled for April 30, 2025, at 8:00 a.m. EDT.
O-I Glass finalized plans to close a plant in its European segment, affecting about 170 people, with charges of approximately $50 million expected in the first quarter of 2025. It also approved a separate severance program and restructuring actions, with a charge of approximately $20 million expected in the first quarter, aimed at lowering future selling, general and administrative costs. The charges are a near-term cost to shareholders, though the company says the actions are part of its Fit to Win plan to reduce redundant capacity.
European plant closure finalized March 18, 2025; about 170 people affected
Closure charges of approximately $50 million expected in Q1 2025, mostly one-time employee separation benefits and closing costs
Separate severance and restructuring charge of approximately $20 million expected in Q1 2025, all cash
Additional capacity closures and restructuring actions expected in 2025
O-I Glass reported 2024 net sales of $6.5 billion, down about 8 percent, and a net loss attributable to the company of $0.69 per share, compared with a $0.67 loss in 2023. Adjusted EPS was $0.81, down from $3.09, and the company guided 2025 adjusted EPS to $1.20 to $1.50 and free cash flow to $150 million to $200 million, but management said it remains cautious about the commercial outlook.
Full-year 2024 net sales were $6.5 billion, down from $7.1 billion; net loss attributable to the company was $106 million ($0.69 per share) versus $103 million ($0.67 per share) in 2023.
Adjusted EPS of $0.81 in 2024 slightly exceeded guidance of $0.70 to $0.80, compared with $3.09 in 2023.
Fourth-quarter 2024 net loss was $1.00 per share, versus $3.05 per share a year earlier; adjusted results were a loss of $0.05 per share.
2025 guidance calls for adjusted EPS of $1.20 to $1.50 and free cash flow of $150 million to $200 million, compared with a $128 million use of cash in 2024.
On December 12, 2024, O-I Glass finalized plans to close two furnaces in its European segment as part of its Fit to Win initiative, with closures on or after January 15, 2025 affecting about 100 people. The company expects charges of about $72 million in the fourth quarter of 2024, and a separate severance program is expected to add a charge of about $18 million in the same quarter, which will reduce future selling, general and administrative costs in Europe. For shareholders, the charges will weigh on fourth-quarter results, while the company says further closures and restructuring actions are expected in the fourth quarter of 2024 and 2025.
Two furnace closures in the European segment, expected on or after January 15, 2025, affecting about 100 people
Expected fourth-quarter 2024 charges of about $72 million, including about $40 million of plant asset impairment and $32 million of employee separation and other costs
About $24 million of the $32 million relates to future cash expenditures
Separate severance program with a charge of about $18 million in Q4 2024, mostly paid in cash in the first six months of 2025
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