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研究快訊:O-i Glass Inc 第一季:營收超預期,但因成本上漲下調業績指引

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-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下: O-I Glass 2026年第一季業績暴露出其成本削減復甦的脆弱性,調整後每股收益從去年同期的0.40美元暴跌87.5%至0.05美元,低於市場預期0.07美元。淨銷售額下降1.7%至15.4億美元,但超出市場預期6,600萬美元,而出貨量下降8%。儘管「Fit to Win」計劃持續推進並帶來了5000萬美元的毛收益,但盈利仍大幅下滑,凸顯了外部不利因素的嚴重性。管理層指出,季比有所改善,3月的出貨量僅下降了2%。歐洲業務顯示出明顯的脆弱性,凸顯了近期利潤率改善的防禦性。我們認為,結果表明,削減成本的措施無法完全抵消玻璃包裝行業面臨的結構性挑戰,外部壓力壓倒了營運效率,並引發了人們對扭虧為盈計劃可持續性的質疑。

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