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Article: O-I Reports Third-Quarter 2009 Results.
- Article from:
- PR Newswire
- Article date:
- October 28, 2009
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PERRYSBURG, Ohio, Oct. 28 /PRNewswire-FirstCall/ -- Owens-Illinois, Inc. , today reported financial results for the third quarter ended September 30, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO)
Third-quarter highlights:
-- Reported net earnings were $0.74 per share (diluted)
-- Adjusted net earnings (non-GAAP) were $0.95 per share, the first
year-over-year improvement in quarterly earnings since the recession
began to impact O-I's business in third quarter 2008
-- O-I's global glass shipments were down 7 percent, but down 5 percent
excluding South America where volumes continued to lag the other
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