Alcon

Alcon's second quarter sales rise 11.8%

Published in Healthcare Finance, Tax and Law Weekly, August 23rd, 2006

Alcon, Inc., (ACL) reported global sales of $1,310.8 million for the second quarter of 2006, an increase of 11.8% over global sales in the second quarter of 2005.

The fluctuations in foreign currencies did not have an impact on the growth rate of global sales in the quarter. Net earnings for the second quarter of 2006 increased 43.3% to $465.6 million, or $1.50 per share on a diluted basis, compared to $325.0 million, or $1.04 per share for the second quarter of 2005. Earnings in the second quarter of 2006 were positively impacted by the reduction of an accrued liability related to the settlement of several intellectual property lawsuits between Alcon and a competitor,...

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Source: Healthcare Finance, Tax and Law Weekly (2006-08-23)

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