O-I Glass Inc (NYSE:OI)
$ 12.6 -0.09 (-0.71%) Market Cap: 1.95 Bil Enterprise Value: 6.44 Bil PE Ratio: 0 PB Ratio: 1.45 GF Score: 66/100

O-I Glass Inc Divestiture of ANZ Business Unit Corporate Call Transcript

Jul 16, 2020 / 12:00PM GMT
Release Date Price: $10.07 (+9.46%)
Operator

Good morning. My name is Henry, and I will be your lead conference operator today. At this time, I would like to welcome everyone to the O-I Divestiture of Australia and New Zealand Conference Call. (Operator Instructions)

Now I would like to welcome -- now I would like to turn the call over to our presenter for today, Mr. Chris Manuel, Vice President of Investor Relations. Sir, you may begin the conference.

Andres Alberto Lopez
O-I Glass, Inc. - CEO, President & Director

Thank you, Henry, and we appreciate everyone joining us this morning on short notice to discuss the sale of our ANZ business unit that we announced last night. The related press release and presentation materials are located on our website at o-i.com under the Investors section.

Before I go any further, please note the safe harbor comments and disclosure of the use of non-GAAP measures included in the presentation materials.

As illustrated on Slide 3, we are taking bold structural actions to change O-I's business fundamentals. First, we are driving strong

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