Libbey has decided to suspend its quarterly dividend to further prioritize debt reduction and strategic investments, reaffirming 2018 guidance.
In its first quarter 2018 results, O-I reported higher earnings, within guidance, on sales growth and margin expansion in the Americas and Europe.
Strong financial performance for 2017; expects higher earnings and cash flow generation in 2018.
Libbey has reported net sales results in line with company expectations; second-half outlook expected to demonstrate growth as compared to the prior-year.
Continued strong business performance and favourable non-operational tailwinds drive 2017 earnings guidance higher.
Lower-than-anticipated sales volume in the US and China, as well as planned costs associated with capacity realignment and additional underutilization of capacity, are expected to negatively impact...
With effect as of 15 April, Frank S. Sklarsky will join PPG Industries as executive vice president, finance, and, as of 1 August, will also be named PPG executive vice president and chief financial...
Both O-I and PPG will present at today's Goldman Sachs Basic Materials Conference, taking place in New York City. Replays of the companies' presentations will be avaible on their websites.