O-I Glass, Inc.

O-I Glass, Inc. reported net sales of $6.43 billion for fiscal year 2025, generating a gross profit of $1.11 billion. The company incurred a net loss attributable to the Company of $129 million, primarily driven by significant other expenses of $460 million and a goodwill impairment charge of $445 million. Despite the net loss, operating cash flow remained strong at $600 million. The balance sheet shows total assets of $9.24 billion with substantial long-term debt of $4.84 billion and total share owners' equity of $1.45 billion. Cash and cash equivalents ended at $773 million, with a $25 million increase during the year. The company's financial performance reflects challenging market conditions with impairment charges impacting profitability.

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