Owens-Illinois, Inc. has announced that it will host an investor day on March 1, 2016.
CEO Andres Lopez and the executive team will review the Company’s long-term strategic plans, industry trends and operational levers to drive higher earnings and cash flow over the next several years. The invitation-only event will take place in New York City.
Lopez will provide investors with a comprehensive update on O-I’s business, including the Company’s strategic plans and favorable trends for key market segments. In addition, he will identify longer-term commercial development opportunities, including the Company’s successful efforts – by acquisition and by joint venture – to increase O-I’s exposure to fast growing U.S. beer imports and the Mexican domestic market. He also will highlight ongoing operational improvements to promote stability and heightened performance that, as the Company exited the year 2015, have already begun to impact O-I’s end-to-end supply chain and have improved the core business. Additionally, Lopez will discuss 2016-17 plans to drive enhanced enterprise profitability.
Chief Financial Officer Jan Bertsch will discuss how O-I’s strategic initiatives will translate into margin improvement and higher cash flow generation. She will also review the deleveraging plan to achieve O-I’s target leverage ratio.
Chief Strategy and Integration Officer John Haudrich will provide insight into how O-I’s integrated approach will foster a collaborative culture that will enable enterprise-wide focus, alignment and benefits going forward. Other members of the O-I senior management team will provide additional details on the implementation of the Company’s strategic initiatives.
A live webcast of the event will begin at 8:30 a.m., EST and presentation materials will be available on the O-I website, www.o-i.com/investors, in the Presentations & Webcast section. A replay of the webcast will be available following the call.