O-i Glass, Inc. · NYSE:OI
O-i Glass — Owens Illinois — Investor Presentation (June 2018)
11 slides from O-i Glass's investor presentation, Jun 7, 2018
Slide 1: Forward-Looking Statements
Forward-Looking Statements This document contains "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 27A of the Securities Act of 1933. Forward-looking statements reflect the Company's current expectation
Slide 2: Sustainable value creation
Sustainable value creation MARKET TRENDS & REGIONAL DYNAMICS CAPABILITY BUILDING STRATEGIC INVESTMENTS PEOPLE & CULTURE MULTIPLIER x + + = HIGHER EARNINGS & CASH FLOW 3
Slide 3: O-I Americas Spotlight: Outperforming in U.S. Market
O-I Americas Spotlight: Outperforming in U.S. Market U.S. Beer Shipments in Glass (Index 2010=100) Source: Beer Institute and O-I data Note: For clarity, the JV with CBI is a non-consolidated joint venture which impacts O-I financial statements through equity earnings; partial year shipments from th
Slide 4: Asset Optimization on Track
Asset Optimization on Track Network Optimization Complete Shutdown Schiedam, NL facility Balanced supply-demand for O-I in Europe On track Colombia realignment Improved cost position and flexibility, after consolidating two plants into one Announced Shutdown Atlanta, GA facility Roughly balanced sup
Slide 5: 2Q and FY 2018 Guidance
6 Working to offset sizeable external factors, such as FX, interest rates, Brazil transportation strikes Line of sight to full year guidance FY2018 Adjusted EPS1 $2.75 – $2.85 FY2018 Adjusted free cash flow2 ~$400M 2Q18 Adj. EPS ~$0.75, impacted by many moving pieces: Solid overall business performa
Slide 6: 2Q and FY 2018 Guidance
| 2Q and FY 2018 Guidance + Working to offset sizeable external factors, such as FX, interest rates, Brazil transportation strikes + Line of sight to full year guidance * FY2018 Adjusted EPS' $2.75 - $2.85 + FY2018 Adjusted free cash flow? ~$400M + 2Q18 Adj. EPS ~$0.75, impacted by many moving piece
Slide 7: Non-GAAP financial measures
8 The Company uses certain non-GAAP financial measures, which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP, within the meaning of applicable SEC rules. Management believes that its presentation and use of certain non-GAA
Slide 8: Reconciliation to Adjusted Earnings
9 Reconciliation to Adjusted Earnings
Slide 9: Reconciliation to Adjusted Free Cash Flow
10 Reconciliation to Adjusted Free Cash Flow Note: Management defines adjusted free cash flow as cash provided by continuing operating activities less additions to property, plant and equipment plus asbestos-related payments (all components as determined in accordance with GAAP).
Slide 10: Impact of Currency Rates on Translation
11 Impact of Currency Rates on Translation Note: Updated as of June 2018 Approximate annual translation impact on EPS from 10% FX change Euro $0.08 Mexican peso $0.04 Brazilian real $0.03 Colombian peso $0.01 AU & NZ dollar $0.04
Slide 11: Impact of Currency Rates on Translation
I Impact of Currency Rates on Translation Approximate annual translation impact on EPS from 10% FX change Euro $0.08 Mexican peso $0.04 Brazilian real $0.03 Colombian peso $0.01 AU & NZ dollar $0.04 Note: Updated as of June 2018,