Alcon posts third quarter results

Optical giant Alcon has reported a ‘significant recovery’ in sales in its financial results for 2020’s third quarter.

The company’s worldwide sales reached $1.8bil for the third quarter, a decrease of 1% as compared to the same quarter last year. This represented the beginnings of a recovery from the coronavirus pandemic, as the total sales from the most recent three quarters were $4.8bil, down 12% from the same period in 2019.

David Endicott, Alcon’s CEO, commented: ‘Our third quarter results demonstrate strong performance on the back of solid market recovery as both ophthalmology and optometry practices increased their patient flow, particularly in the US.’