O-I Glass has reported financial results for the full year and fourth quarter ended December 31, 2025:
- Significantly improved 2025 performance driven by USD 300 million Fit To Win benefits
- Anticipated stronger 2026 results and reaffirming O-I’s 2027 Investor Day targets
- Increasing cumulative three-year Fit To Win benefit target to at least USD 750 million
“O-I delivered strong results in 2025, demonstrating the effectiveness of our strategy,” said Gordon Hardie, CEO of O-I Glass. “Although reported results were lower due to planned restructuring actions, our adjusted earnings nearly doubled versus 2024 driven by disciplined execution of Fit to Win.
“We are making very solid progress against our strategic objectives, and our 2025 financial performance was consistent with our recent guidance. Net sales were relatively stable despite softer market demand, as we successfully navigated challenging market conditions and remained focused on optimising our customer and product mix. This approach resulted in a more premium and resilient business portfolio. Fit to Win continues to be a core value driver for our business and delivered USD 300 million in benefits in 2025, significantly exceeding our original goal and driving meaningful performance improvement.
“Looking ahead, we anticipate continued progress in 2026, including another year of substantial Fit to Win benefits, despite ongoing market uncertainty and muted demand. We are also reaffirming our 2027 Investor Day financial targets and increasing our cumulative Fit to Win benefits to at least $750 million to further strengthen our competitiveness. As a result, we expect to drive higher earnings, enhance economic profit, strengthen free cash flow, and deliver sustainable, long-term value for shareholders.”
To read the full report of the full year and fourth quarter ended December 31, 2025, click here.
To read the presentation, click here.