O-I Glass, Inc. (OI) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.156 If you would like to register a question during today's event, please press star 1 00:00:05.156 -- 00:00:07.279 on your telephone keypad. 00:00:07.279 -- 00:00:11.443 Now I'd like to hand over to Chris Manuel, Vice President of Investor Relations. 00:00:11.443 -- 00:00:13.843 Please go ahead. 00:00:14.426 -- 00:00:19.752 Thank you, Elliot, and welcome everyone to the OI Glass first quarter 2025 earnings 00:00:19.752 -- 00:00:24.977 conference call. Our discussion today will be led by Gordon Hardy, our CEO, 00:00:24.977 -- 00:00:30.355 and John Hodrick, our CFO. Following prepared remarks, we will host a Q&A session. 00:00:30.355 -- 00:00:35.042 Presentation materials for today's call are available on the company's website. 00:00:35.042 -- 00:00:39.930 Please review the Safe Harbor comments and disclosure of our use of non-GAAP financial 00:00:39.930 -- 00:00:44.617 measures included in those materials. Now, I'd like to turn the call over to Gordon, 00:00:44.617 -- 00:00:46.981 who will start on slide three. 00:00:46.981 -- 00:00:51.087 Good morning, everyone, and thank you for your interest in OIGlass. 00:00:51.087 -- 00:00:55.634 Today, we will walk you through our first quarter 2025 performance, 00:00:55.634 -- 00:00:59.566 key market trends, and outlook for the rest of the year. 00:00:59.566 -- 00:01:04.234 First, I would like to take this opportunity to thank all my colleagues at OI across 00:01:04.234 -- 00:01:09.042 the world for their efforts in this first quarter and for their agility and focus on 00:01:09.042 -- 00:01:12.748 driving the changes needed to turn OI around. 00:01:12.748 -- 00:01:17.816 Last night, we reported first quarter adjusted earnings of 40 cents per share, 00:01:17.816 -- 00:01:23.005 while down from la...