Owens Illinois (O-I) profits were down 0.8% from the same period last year thanks to a decline in beer sales.

Global volumes were down 1% percent and it said any gains it had made by increased wine sales had been offset by lower beer markets.

Operating profits in Europe and Asia Pacific were higher, primarily driven by an optimisation programme.

Chairman and CEO Al Stroucken said: "We are squarely focused on execution, especially asset optimisation and wine share recovery in Europe, as well as labour productivity savings in North America."

Net sales in the second quarter of 2013 were $1.78 billion, similar to the prior year second quarter. Volume, in terms of tonnes shipped, decreased by 1% y-o-y.

Unfavourable weather conditions in Europe and North America, as well as macroeconomic pressures in South America, led to lower beer volumes globally. This was offset by global gains in wine and double digit growth overall in Southeast Asia.

In Q2 2013, segment operating profit was $267 million, in line with the prior year.

The company achieved improved profitability in Europe and Asia Pacific due to ongoing actions to optimise its footprint. South America's profit was hit by a higher level of planned furnace rebuilds.

Mr Stroucken said: "In the back half of the year, we expect higher volumes globally, partly driven by our efforts to recapture wine share in Europe.”