O-I Glass, Inc. (OI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and thank you for joining the OIGlass second quarter 2025 earnings conference call. My name is Lucy and I'll be coordinating your call today. During the presentation you can register a question by pressing star followed by one on your telephone keypad. If you change your mind please press star followed by two. We currently ask all participants to limit their questions to one main and one follow-up and re-queue for any further questions. It is now my pleasure to hand over to your host Chris Manuel. Vice President of Investor Relations to begin. Please go ahead. Thank you, Lucy, and welcome everyone to the OI Glass second quarter 2025 earnings conference call. Our discussion today will be led by Gordon Hardy, our CEO, and John Hodrick, our CFO. Following prepared remarks, we will host a Q&A session. Presentation materials for this earnings call are available on the company's website. Please review the Safe Harbor comments and disclosure of our use of non-GAAP financial measures included in those materials. Now, I'd like to turn the call over to Gordon who will start in slide three. Good morning, everyone, and thank you for your interest in OI Glass. Today, we will walk you through our second quarter performance, key market dynamics, and our outlook for the remainder of the year. Let me begin by expressing my thanks to all our colleagues across OI. Your dedication, agility and focus are instrumental in driving the transformation we are undertaking. Last night, we reported second quarter adjusted earnings of 53 cents per share, exceeding our plans and outperforming the same period last year. This result reflects the meaningful progress we are making towards a leaner and more competitive company. We continue to navigate a complex environment, including soft...