Alcon Swung to 3Q Net Profit on Higher Sales
10 November 2021 - 9:03AM
Dow Jones News
By Cecilia Butini
Swiss eye-care company Alcon Inc. on Wednesday posted a swing to
profit for the third quarter on higher sales.
The company said net profit was $2 million, up from a net loss
of $147 million a year earlier, on sales that grew to $2.08 billion
from $1.82 billion.
Operating income was $20 million, compared with an operating
loss of $129 million a year earlier, Alcon said.
The company said that its Surgical and Vision Care franchises
benefited from improvements in the eye-care market, among other
factors, and that was led by continued strength in the U.S.
Internationally, recovery from the pandemic took place at varied
paces, according to Alcon.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
November 10, 2021 02:48 ET (07:48 GMT)
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