date:Apr 27, 2012
The worlds largest glass container producer reported Q1 sales of $1.739bn (1.31bn) in 2012 ($1.719bn: Q1 2011) today for Q1 2012 ending March 31, while adjusted net earnings rose from $89m to $122m.
Shipments in tonnes to Europe, North American and South America wereflat to slightly upduring Q1 single-digit declines in Europe, single-digit hikes in North and South America O-I reported, but global shipments fell nearly 2% on Q1 2011 due to lower shipment levels in Asia Pacific.
O-I attributed